Bitcoin Price Tops $400 to Reach One-Month High

Bitcoin Price Tops $400 to Reach One-Month High

The price of bitcoin topped $400 on the CoinDesk USD Bitcoin Price Index today, its highest value over the last four weeks. The press time value of $401.83 represented the highest bitcoin price observed since 5th November, when the price hit a high of $447.25 across major USD exchanges including Bitstamp, Bitfinex, Coinbase, itBit and OKCoin. Data shows the price began its most rapid runup at 22:30 UTC on 5th December, when the price rose abruptly from $377.49 to $385.93 over a 10-minute period. So far, the price rally has continued into 6th December, with bitcoin's value up 3% over the....


Related News

Poll Review: Do You Think Bitcoin Will Hit $1,000 This Month?

To say that the price of bitcoin has been interesting lately is a bit of an understatement. In fact, the price of bitcoin has gone up a whopping 45 percent in the past month (based on data from BitStamp). To outsiders and those unfamiliar with the digital currency, that could come as a shock. For community members, however, it's all part of the excitement. The recent price surge has prompted many to wonder whether we could be entering the next big bitcoin bubble. One part of that could include a price jump past $1,000 - and so we asked you whether you thought this was a possibility this....

Newsflash: Resurgent Bitcoin Price Tops $1,050 Amid Hard Fork Talk

Bitcoin price began the week riding a swell that began during the late hours of Sunday evening, registering a high of $1,063 on the Bitstamp Price Index (BPI). The uncertainty and ongoing debate surrounding bitcoin’s scalability solutions with Segregated Witness or SegWit and Bitcoin Unlimited has contributed to significant volatility in the price of the cryptocurrency in recent days. A hardfork statement toward the end of last week by 18 major bitcoin exchange revealed a contingency plan of listing Bitcoin Unlimited as an alternative cryptocurrency, with its own token. In the....

Bitcoin Price Tops $300: To the Moon or Blowoff Top Forming?

In the latest article it was stated: The Bitcoin price is back above US$300 where it hasn’t been since the summer’s Grexit fiasco. This has been a strong up move, in which the last 7 days have been positive (green candles). This type of price action has not happened in a long time. The 50 day EMA also looks poised to crossover the 200 day EMA, although this has not happened yet. “If price gets back above US$270 and takes out US$273, a run for the US$290-$300 area is the next target. This is major resistance and as has been stated many times: if price fails to break this area, expect major....

Bitcoin Price Tops $1,000 in First Day of 2017 Trading

The price of bitcoin inched upward over the course of trading today, passing $1,000 for the first time on CoinDesk Bitcoin Price Index since early January 2014. Though the price (at press time) was still shy of a three-year high of $1,023 set in January of that year, the milestone nonetheless marks a bright beginning to 2017 for the digital currency. (Bitcoin appreciated by more than 100% in 2016). The price had reached as high as $999 earlier in the day only to fall back to the $960s, a pattern that was similarly observed over the last week of trading as bitcoin failed to build....

Bitcoin's Price Continues to Hover Just Dollars Below its 2016 High

After a month of toggling, the price of bitcoin remains just out of reach of its annual high. Since November, the digital currency has repeatedly neared $781.31, the high it set in June, and as we head into the year's final weeks, this game of cat-and-mouse shows no signs of stopping. Bitcoin prices continually surpassed $779 today, rising to as much as $779.35 at the time of report, data from CoinDesk’s USD Bitcoin Price Index (BPI) reveals. This mirrored bitcoin's monthly movements, which have seen the price rising to $778.14 on 2nd December and falling back....

Quotes

Bitcoin is Cash with Wings.

Charlie Shrem