Share this article
BTC
$83,221.08
-
0.77%ETH
$1,800.18
-
0.90%USDT
$0.9998
+
0.02%XRP
$2.1351
+
0.19%BNB
$592.64
-
0.78%SOL
$119.40
-
2.72%USDC
$1.0002
+
0.02%DOGE
$0.1683
-
1.70%ADA
$0.6533
-
1.06%TRX
$0.2375
-
0.62%LEO
$9.1007
-
0.70%LINK
$12.76
-
1.48%TON
$3.2526
-
4.68%XLM
$0.2509
-
3.34%AVAX
$17.89
-
1.68%SHIB
$0.0₄1231
-
0.05%SUI
$2.2046
-
2.33%HBAR
$0.1614
-
1.69%LTC
$82.41
-
2.33%OM
$6.2655
-
0.02%Sign Up
- Back to menuPrices
- Back to menuResearch
- Back to menu
- Back to menu
- Back to menu
- Back to menuResearch
Bitcoin Surges Past $12,000 to New 2020 High
This is the second time the bitcoin price has soared past the $12,000 milestone in 2020 – it still has a way to go before it closes in on the 2019 record.
Bitcoin has risen above $12,000, exactly a week after it temporarily spiked past the key milestone.
STORY CONTINUES BELOW
- CoinDesk data shows bitcoin shot up at about 13:30 UTC, initially to $12,100, before jumping up again to just over $12,400 by 16:00 UTC, a 4.74% rise on the day.
- While bitcoin is now at a new 2020 high, it still has some way to go before it beats last year's high of $13,800 and is still further off from the all-time high of just under $20,000 set in December 2017.
- Following three months of ultra-low volatility, bitcoin shot up at from roughly $9,100 to over $11,000 in late July, before briefly spiking past $12,000 on Aug. 10.
- Bitcoin had been continuously flirting with that milestone over the past seven days, coming as close as $11,990 late on Aug. 14.
See also: Bitcoin Price Holds Below $12K Even as Hashrate Hits All-Time High
Paddy Baker
Paddy Baker is a London-based cryptocurrency reporter. He was previously senior journalist at Crypto Briefing. Paddy holds positions in BTC and ETH, as well as smaller amounts of LTC, ZIL, NEO, BNB and BSV.
