Why Bitcoin price has not hit a new all-time high — Just yet
Bitcoin price has rallied to new highs on multiple exchanges but it’s yet to break its December 2017 all-time high at Coinbase. The price of Bitcoin (BTC) reached $19,873 on Coinbase on Nov. 30, breaking above $19,000 in a surprising recovery rally. Although many in the cryptocurrency sector a celebrating BTC achieving an all-time high, it has not just yet.On Coinbase, the price of Bitcoin hit its peak at $19,891 in December 2017. The all-time high price on Coinbase is particularly important because it has consistently remained as the top U.S. exchange for the past several years.BTC/USD....
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Not content in being worth more than an ounce of gold today, bitcoin is now trouncing the shiny metal, as bitcoin price a high of $1,283 on the Bitstamp Price Index (BPI). Bitcoin has hit all-time highs for the third consecutive day in a row. After scaling a high of $1,208 on February 28th, bitcoin continued to soar to unprecedented highs, reaching a new all-time high of $1,231 yesterday. The day’s bump began at 12:30 UCT, with price lingering just under $1,230. A sustained period of trading saw price breach $1,250 for the first time in bitcoin’s history at 15:45 before briefly settling....
The price of bitcoin surpassed its all-time high touching $20,800 on Wednesday morning (EST). At the time of publication, the crypto asset is up over 6% during the last 24 hours with a whopping $380 billion market capitalization. Bitcoin has touched a two-week high reaching $20,800 per coin on Wednesday, December 16, 2020. The price has crushed the previous all-time high (ATH) captured on December 1, 2020, at $19,920. After reaching the ATH on Wednesday, nearly 100% of all BTC in circulation is in a state of profit. There is currently 18.5 million BTC in circulation which gives the crypto....
Nine days ago, bitcoin reached a new all-time high (ATH) and now the second leading crypto asset ethereum has tapped an ATH on Friday morning. Ethereum reached a high of $4,416 per unit and has since retreated around 2% down from that price position.
Ethereum Reaches New All-Time Price High
The second-largest crypto market capitalization belongs to ethereum (ETH) with a valuation of around $510 billion today.
Currently, there is $28.9 billion dedicated to ether trades and ETH’s market cap has a dominance rating of around 18.8%.
ETH reached its all-time....
The moment many of us have been waiting for has happened. The price of Bitcoin has surpassed the April 2013 all-time high of $266 on the Mt. Gox exchange. This is an incredible milestone for Bitcoin, and proves to the world that the currency is more than just a hobby. Yesterday, the price soared, then took a slight fall. Now, it's recovered and reached a new high. How long it will keep up is anyone's guess, but it's nice to see the value of the digital currency this high up again. Prepare for lots of sells and fluctuation.
According to data from Bitstamp, the USD price of 1 BTC has eclipsed its previous all-time high of $19,666 set on December 13, 2017. The post Bitcoin Price Hits All-Time High appeared first on Bitcoin Magazine.