Posted in: Archive
Published:
October 12, 2017 6:53 PM UTC

Newsflash: Bitcoin Price Tears Past $5,400

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…

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.

Last modified: January 24, 2020 11:33 PM UTC

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

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