Markets | CoinDesk

Bitcoin Prices Break $500 Barrier to Hit 20-Month High

Bitcoin prices hit a more than 20-month high this weekend as the digital currency broke the $500 barrier to reap big gains.

Bitcoin prices surged more than 5% in the early hours of 27th May, to reach a more than six-month high.

While bitcoin has long dominated the digital currency space, ether has been grabbing headlines - and trading volume - this week.

The price of bitcoin tested resistance at $460 over the weekend ending 15th May, but failed to break through what could prove to be a key level.

Bitcoin prices fluctuated little in the week ending 13th May, staying largely between $450 and $460 amid lackluster trading volume.

Ether prices experienced only modest movements on 9th May despite its listing on a major US exchange.

Interested in trading ether? Here are some basics about the Ethereum market you should know before buying in.

Bitcoin has had a quiet week, experiencing low trading volume and rather modest price changes despite the Craig Wright controversy.

Bitcoin markets experienced little change on 2nd May in response to Craig Wright’s claim that he is the digital currency’s creator, Satoshi Nakamoto.

Bitcoin prices fluctuated significantly during the week ending 29th April, reaching a yearly high of $470 before falling below $440.

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