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 to as little as $757.83. Yet,....
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Bitcoin continues to hover below $20,000 to start the week, as U.S. markets were mainly closed due to the Independence Day celebrations. This past weekend’s volatility carried forward into Monday’s session, with ETH remaining close to a breakout below $1,000.
Bitcoin
Bitcoin started the week in the red, as the world’s largest crypto token continues to hover below $20,000.
Following a volatile weekend of trading activity, BTC/USD dropped to an intraday low of $18,971.81 on Monday.
As a result of this move, bitcoin continued to trade....
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....
Following a rise to a high beyond $41,700 earlier this week, bitcoin’s price has fallen for two consecutive sessions. Despite this, BTC continues to trade above $40,000, whilst ETH continues to hover above $2,800.
Bitcoin
BTC fell for its second consecutive session on Friday, as the world’s largest cryptocurrency has lost some momentum, following Wednesday’s Fed decision.
Yesterday saw bitcoin trade at a peak of $41,102.23, however as of writing, prices have fallen to an intraday low of $40,302.40.
This drop means that BTC/USD is 1.66%....
Bitcoin price struck a new yearly high of $794.39 on the Bitstamp Price Index (BPI) today as the cryptocurrency continued its collective surge in 2016. Having started the year at $432 in trading, the price of bitcoin to the USD has gained a remarkable 80% so far. With less than a fortnight to go, 2016 has proven a strong year for the cryptocurrency. At the crack of Monday (UTC), price was already trading at $788.46. Shortly after, a flurry of activity saw price jump to $791.39 in a 20-minute period. Subsequently, steady trading ensued in the early hours of the day before bitcoin charted a....
Since March’s extreme volatility, Bitcoin price action has been far more stable. The major cryptocurrency has continued to hover around the $57,000 to $58,000 price level, seeing minimal fluctuations with the Bitcoin Volatility Index sitting at 3.21%. In South Korea, however, the resurgence of the local crypto scene and tightening regulations have led Bitcoin prices to surge to 77,661,000 won, or 69,300 dollars on Bithumb. Bitcoin’s current all-time high is $61,500 — which is nearly […]