Newsflash: Bitcoin Price Tears Past $5,400

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Not content with hitting above $5,000, bitcoin price has now shattered past the ceiling with a new all-time high.

The USD value of bitcoin began the day near $4,800 before frenetic trading ensued the cryptocurrency had climbed to a new all-time high above $5,200 before 09:00 (GMT).

The momentum has stuck, with bitcoin price rally now hitting a new all-time high of $5,419 on Bitfinex.

Bitcoin’s market cap is now within touching distance of $90 billion after the cryptocurrency gained over 10% over a 24-hour period. Since the turn of the month, bitcoin is up nearly 25%.

Developing…Stay tuned for a detailed analysis of the day’s second spike.

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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]