Bitcoin Price Rings the $800 Bell

Bitcoin Price Rings the $800 Bell

Bitcoin price hits a new high in 2016 and is now trading at figures unseen since early 2014, at a near 3-year-high. After a strong quarter that saw bitcoin price rally from the $600 mark in October to $700 in November before steadily increasing afterwards, the value of the cryptocurrency broke through the $800 to reach a high of $810 on the Bitstamp Price Index (BPI). That figure was achieved for the first time since February 5, 2014, when bitcoin price struck $809.48. Bitcoin is trading to the dollar at a new 34-month high. The surge began late Tuesday night (UTC). After a steady day of....


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