Bitcoin Price Pushes Toward $1000
The last week of 2016 has seen bitcoin push the pedal in its continuing rally as the cryptocurrency rises toward the $1,000 milestone. Bitcoin price has gained over 34% in the past month alone, streaking from $727.18 on the Bitstamp Price Index (BPI) on November 29, to today’s and the newest annual high of $980.74, at the time of publishing. Having steadily risen through most of December’s trading period, the price of bitcoin to the dollar shifted gears to surge from $791.41 on December 20 to $870.78 on December 22. While the handful of days remaining in 2016 wind down, bitcoin price broke....
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It should no longer be a surprise that the price of Bitcoin hit $1000 this week on Japanese exchange Mt. Gox, but now, another exchange has creeped up to the $1000 mark. That's Bitstamp, of course. The exchange, which has always trailed a ways behind Mt. Gox (except for recently when the price between Mt. Gox and Bitstamp were nearly equal) is now in the 4 digits - which really reinforces just how valuable Bitcoin has become. The question is: will the $1000+ price keep it up?
After a small crash last week, and subsequent rebound early this week, speculators will be delighted to know that the price of bitcoin has once again climbed past $1000 USD at the Mt. Gox exchange. The news comes several days after the hover between $800-$900, leaving some very worried individuals wondering if we'd ever see bitcoins in the 4-digits again. Meanwhile at Bitstamp, the price is at about $956, with a climb past $1000 looking relatively promising in the next day, as a conservative estimate. The price jump will no doubt fuel more buys, bringing the price even higher. Will it....
Bitcoin price has scaled beyond the $1000 for the second time in 2017 and the first time in four weeks. The end of 2016 saw the cryptocurrency flirting with $1000 before scaling the mark come the new year. The Bitstamp Price Index (BPI) reveals bitcoin scaling the $1000 milestone at 16:30 (UTC) on Thursday and despite a brief dip shortly after, bitcoin was trading to the dollar at $1010 at the end of day. Momentum stuck through the early hours of Friday as price swelled further to register a high of $1022.6 at 06:30. Prices fell below the threshold again toward $998 before recovering near....
The new year starts memorably for bitcoin, as the bullish trend seen throughout late 2016 continued into 2017, with bitcoin striking a high – at the time of publishing – of $998 on the Bitstamp Price Index (BPI). However, bitcoin price in China is already above $1000 in its equivalent in yuan, with trading price streak beyond 7,100 yuan (approx. $1022.35). A few exchanges, including the likes of Coinbase and Bitfinex have notably seen price cross $1000 per coin. Today’s surge began at 10:00 (UTC) when a bitcoin was trading at $965.36. A quick spike saw price reach $974.59 by the hour’s....
Bitcoin price struck a high of $1025 on the Bitstamp Price Index (BPI), ringing in the new year with numbers unseen since January 2014. Price flirted with the $1000 milestone throughout most of yesterday, before scaling the figure at 20:40 UTC. The price of bitcoin had already scaled $1000 on the first day of 2017 Although the day began with bitcoin trading to the dollar at $998.65, bitcoin price pulled back above the psychological and significant milestone in the early hours of the day. At 02:45, price registered at $1001.19 and the value of bitcoin has been making gains ever since. At....