Newsflash: Bitcoin Price Continues Sprint Towards $700

Newsflash: Bitcoin Price Continues Sprint Towards $700

Bitcoin price continues its bullish swell as it surged to a two-year high over the weekend amidst increased demand from new Chinese investors and expectations of a further surge ahead of the halving event next month. The Bitstamp Price Index (BPI) struck a high of $693.97 in USD trading today, a milestone that represents a high in over 28 months. The last time bitcoin was trading at these prices was on February 7th, 2014, when the BPI witnessed trading at $703. At the time of publication, bitcoin is trading at $690. In China, bitcoin price also struck a high, trading at 4,270 yuan, a....


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Newsflash: Bitcoin Price Hits $290

The Bitstamp Price Index struck $290 early this morning, adding another milestone in Bitcoin's steady climb over the last couple of months. The bitcoin price rang in the milestone at 05:52 UTC and reached a high of $291.78. The price at the time of publishing is $290.010. The growth is likely to be a result of increased trading in Chinese Bitcoin exchanges, after China's central bank recently slashed its rates in an attempt to kickstart the slowing economy. For a live Bitcoin Price chart, click here.