Bitcoin Price Passes $448 to Hit Two-Month High
The price of bitcoin passed $448 for the first time in two months today on the CoinDesk USD Bitcoin Price Index (BPI) to reach a press-time total of $448.50. The figure was the highest observed on the CoinDesk USD BPI since 21st February, when the price hit an inter-day high of $448.29. This notable climb helped bitcoin break the pattern of the last several weeks, when it fluctuated primarily within a tight range. For the month through 12:00 UTC on 21st April, the digital currency's price closed between $410 and $430 in what had been heralded as its longest period of stability for some....
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The price of bitcoin is up more than 6% today, according to the CoinDesk Bitcoin USD Price Index (BPI), reaching a level not seen in nearly two years. Today’s market movements, which have pushed the price to a press time high of $574.43, follow a period of elevated bitcoin trading activity. This is the first time the average price of bitcoin has risen to these heights since August 2014. On 11th August of that year, USD markets saw a high of $589.87, according to BPI data. A day later, prices peaked at $573.94. Bitcoin prices have surged significantly in the past week, in markets that trade....
The price of bitcoin broke $750 today, building on recent gains to hit a 28-month high. Bitcoin prices reached $750.37 during the day's session, the highest since 7th February, 2014, CoinDesk USD Bitcoin Price Index (BPI) figures reveal. The digital currency exceeded its latest milestone of $750 after surpassing $700 early on 13th June, and then nearing $720 later that day. Of late, bitcoin has benefited from a multitude of factors, including concerns about China’s economy, anticipation surrounding the upcoming halving and fear of a Brexit, and this momentum is showing signs it is....
This week we've already passed Bitcoin's all-time high of $266. Today, the price of Bitcoin has screeched past that number and hit as high as $321.52 on popular trading exchange Mt. Gox. At the time of this writing, the price has sunken to $305, but still shows the resilience of the market right now. It's certainly impressive, as the price of Bitcoin has grown nearly 100 percent in under a week. Many question as to when this "bubble" of sorts will burst. Will we be able to keep it up?
While bitcoin prices touched all-time 2020 highs on Tuesday, a few analysts say they are expecting only a few more hurdles to surpass the 2017 all-time high (ATH). For instance, the market analyst from Etoro, David Derhy, says to look to $20,000 instead of back at $12,000. A few traders and popular cryptocurrency analysts think that bitcoin (BTC) simply needs to cross the $14k region and its lift-off from there. Tuesday’s 2020 ATH of $13,684 is just shy of last year’s ATH at $13,796 per bitcoin which was accomplished on June 26, 2019. Macro strategist Raoul Pal said on Tuesday....
Dogecoin moved to a three-month high on Tuesday, as prices of the token were up by over 15%. Today’s move comes despite crypto markets mainly falling, with the global market cap 0.21% lower as of writing. Monero was also up, hitting a multi-month high in the process.
Dogecoin (DOGE)
Less than 24 hours after shiba inu neared a fresh three-month high, its fellow meme coin dogecoin (DOGE), also hit a twelve-week peak.
The token surged to an intraday peak of $0.08848 in today’s session, which comes after yesterday’s low of $0.07571.
This....