Bitcoin Price Breaks Beyond $460, Sets New High in 2016

Bitcoin Price Breaks Beyond $460, Sets New High in 2016

Bitcoin price is on an advance, pushing ceilings higher after scaling $440 to reach $450 last week. On Sunday, bitcoin price scaled to $460. In the early hours of Monday, the Bitstamp price index was trading at a new record high for the year at $470.02. The price of bitcoin is going from strength to strength, within a weak of the release of the code for Segregated Witness (SegWit), the much-awaited upgrade to the bitcoin protocol that will help enable more transactions within a single block of the blockchain. At the time of publishing, bitcoin price was trading at $458.74. The newest surge....


Related News

BREAKING: Bitcoin Price Sets New 2023 Record, 52-Week High

Bitcoin price just set a higher high above the current 2023 high and 52-week high. What’s next after this as Bitcoin bulls continue to march upward? Bitcoin Price Sets New 52-Week High Bitcoin price is now trading above $31,800, which was the most recent 2023 high set back in July. Not only did July hold the […]

Bitcoin Price Reaches New 2016 High; Highest Value Since 2014

2016 has been an excellent year for Bitcoin in many respects. Scalability innovations like Segregated Witness have been introduced to the Bitcoin community, many successful Blockchain and Lightning Network tests have taken place and many new markets have turned to Bitcoin as a viable currency option. The price of Bitcoin has been a major positive in 2016 as well, with its value up by well over 75 percent. Now, Dec. 1, 2016, marks the highest Bitcoin price measured in over two and a half years. New Bitcoin high for 2016. According to BitcoinAverage, the price of Bitcoin passed the $760 mark....

Bitcoin Price Strikes 2016 High Again, Gains 114% in Value This Year

While 2016 is running out of road, the prolonged bitcoin rally that has lasted through most of Q4 2016 continues to scorch a hot trail as bitcoin price rises beyond $915 to set a new high for the year. Today, bitcoin price struck a high of $928 on the Bitstamp Price Index (BPI). The last time price traded at these levels was on January 7, 2014. That fateful day – in the immediate aftermath of the implosion of the now-defunct bitcoin exchange Mt Gox – saw price at $919.24 at midnight (UTC) before crashing down to $785 by day’s end. This month, the cryptocurrency is up 25% in value since the....

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

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

Bitcoin Price Getting Ready To Move

Bitcoin price continued on Sunday as it had done on Saturday: quiet trade in a $4 range. Today’s price action seems to be coiling up for a larger move. Another quiet day in the bitcoin price chart with price hugging the 200-hour moving average. Volume remains low but the additional onset of low volatility within a narrow price range gives the impression that a larger move is building pressure in the chart. Longer term constraints remain $449 (Bitstamp) and the horizontal resistance zone up to $470. The price action since Thursday 12th April resembles a base pattern and a Fib extension tool....