Newsflash: Bitcoin Price Goes Berserk, Tears Past $6,000

Journalist:
Samburaj Das @sambdas
October 20, 2017

Bitcoin price hit a new all-time high on Friday, making a run and breaking beyond the significant milestone of $6,000.

USD bitcoin prices found support near $5,700 throughout most of the day before trading took a turn and went stratospheric at midday (UTC).

At 13:30, bitcoin was trading to the dollar at $5,650 on Bitfinex before shooting up to $6,054.9 at 15:00, a new record high for the world’s most prominent cryptocurrency.

At press time, data from CoinmarketCap pegs bitcoin’s value at $5,943.38 – which sees the overall value of all mined bitcoins currently at $98.8 billion, just short ringing the $100 billion bell.

All time references are in UTC.

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Samburaj Das @sambdas

Samburaj is the Editor for CCN, among the earliest and foremost publications covering financial and blockchain news. He has authored over 2,000 articles for CCN. Email him samburaj(@)ccn.com or find him barely tweeting @sambdas