Newsflash: Bitcoin Price Hits (New) All-Time High $5,200

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Bitcoin price spiked to a new all-time high in the early hours of trading on Thursday (GMT).

The USD value of the world’s most prominent cryptocurrency went stratospheric on Thursday to hit a new all-time high above $,5210 on Bitfinex.

The steep leap in value occurred at 07:45 AM (GMT) when prices shot up from $4,924 to $5,142 in less than 15 minutes. Over the next 20 minutes, trading pushed the value to a new all-time high of $5,219.1.

At the time of publishing, bitcoin is still pushing through the skies, trading above $5,200.

Bitcoin prices are now up nearly 25% in a 7 day period and the cryptocurrency has gained 10% in the space of a day.

Developing…Stay tuned for a detailed analysis.

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POSTED IN: Bitcoin Price News, News
Samburaj is the Editor for CCN, among the earliest and foremost publications covering blockchain, cryptocurrency and financial technology news. He has authored over 1,500 articles for CCN and is invested in Bitcoin. Email: [email protected]