Share this article
BTC
$79,838.30
+
4.10%ETH
$1,584.91
+
6.85%USDT
$0.9996
+
0.02%XRP
$1.9525
+
10.05%BNB
$562.97
+
4.23%USDC
$0.9999
+
0.00%SOL
$111.30
+
10.97%DOGE
$0.1555
+
12.44%TRX
$0.2342
+
4.05%ADA
$0.6046
+
11.38%LEO
$8.9912
+
0.92%TON
$3.1403
+
4.58%LINK
$11.76
+
9.72%AVAX
$17.45
+
12.92%XLM
$0.2349
+
7.85%HBAR
$0.1625
+
19.27%SUI
$2.0817
+
14.30%SHIB
$0.0₄1141
+
4.79%OM
$6.3237
+
4.02%BCH
$282.51
+
8.88%Sign Up
- Back to menuNews
- Back to menuPrices
- Back to menuResearch
- Back to menuConsensus
- Back to menuSponsored
- Back to menu
- Back to menu
- Back to menuResearch
- Back to menuWebinars & Events
- Back to menu
Bitcoin Price Back Above $17k to Set New All-Time High
The price of bitcoin has pushed back above $17,000, hitting a new all-time high on CoinDesk's Bitcoin Price Index (BPI)
The price of bitcoin has pushed back above $17,000, hitting a new all-time high on CoinDesk's Bitcoin Price Index (BPI).
As of press time, the BPI had climbed as high as $17,382.64, beating the $17,364.56 reported previously on Dec. 7. As previously reported, that day saw significant price divergences among exchanges, leading to spreads in excess of $1,000 between the world's various marketplaces for bitcoin.
STORY CONTINUES BELOW
According to the BPI, the price of bitcoin has surged more than $2,000 today, a development that comes less than a day after options exchange CBOE first commenced trading of its initial bitcoin futures products. Data from CNBC indicates that the contract scheduled to expire in January is trading at $18,670 as of 3:38 p.m. EST.
At press time, bitcoin's price is $17,178.96, per the BPI representing an increase of over 14 percent.
Additional data from CoinMarketCap suggests that the wider cryptocurrency market is seeing gains, with several of the top-10 cryptocurrencies by market capitalization seeing price increases above 10 percent in the past 24 hours. As it stands, the total market capitalization is at roughly $456 billion, according to the service.
Rollercoaster image via Shutterstock
Stan Higgins
A member of CoinDesk's full-time Editorial Staff since 2014, Stan has long been at the forefront of covering emerging developments in blockchain technology. Stan has previously contributed to financial websites, and is an avid reader of poetry. Stan currently owns a small amount (<$500) worth of BTC, ENG and XTZ (See: Editorial Policy).
