Bitcoin Price Breaks $400 Amid 12% Surge

Bitcoin Price Breaks $400 Amid 12% Surge

The price of bitcoin shot past the $400 mark today for the first time since November 2014. According to CoinDesk's USD Bitcoin Price Index (BPI), bitcoin opened the day at $359.35 before increasing over 11% to $403.30 at 17:15pm (UTC). It has since decreased to $401.79 at press time. The digital currency began the year hovering slightly over $300, before dropping below the $200 mark to $177.28 on 14th January. Today's peak price marks a yearly high for bitcoin, which is represents a 10.7% increase in value from its price on 3rd November last year, when it closed the day's trading at....

Related News

Bitcoin Plunges $600 in 6 Minutes, Then Bounces Amid Price Surge

Bitcoin has seen an absurd amount of intraday volatility over the past day amid the best price action in many months. The coin currently trades for $12,900, a few hundred dollars shy of the daily and year-to-date high set just minutes ago at $13,250. Bitcoin plunged as low as $12,600 on futures platforms during that […]

TA: Ethereum Breaks $580: Why ETH Could Surge Past $600

Ethereum is gaining pace above the $565 and $575 levels against the US Dollar. ETH price surpassed $580 and it seems like the bulls are aiming a test of $600 in the near term. Ethereum is trading in a positive zone above the $560 support level. The price cleared the $580 resistance and settled well […]

TA: Bitcoin Breaks Key Hurdle, Why BTC Could Surge Above $60K

Bitcoin price gained bullish momentum above the $57,000 resistance against the US Dollar. BTC is now trading nicely above $58,000 and it is likely to continue higher. Bitcoin is up over 5% and it broke the key $58,000 resistance level. The price is now well above the $58,000 resistance and the 100 hourly simple moving […]

TA: Bitcoin Remains At Risk, Why $38K Holds The Key For Fresh Surge

Bitcoin price is struggling to gain momentum above $37,500 and $37,800 against the US Dollar. BTC could decline again if it breaks the $36,000 support zone. Bitcoin is facing a strong resistance near the $37,800 and $38,000 resistance levels. The price is now trading just above the $36,500 support and the 100 hourly simple moving […]

Bitcoin Price Breaks Above $16K for First Time in 3 Years

Bitcoin's price breaks above $16,000, reaching an almost three-year high.