Tuesday, August 15, 2017

Bitcoin Prices Reach (Yet Another) All-Time High, Passing $4,300

Bitcoin Prices Reach (Yet Another) All-Time High, Passing $4,300

Bitcoin has continued to trade at over $4,000 since reaching a record level of $4,225 yesterday, and has now set a new all-time high of over $4,300.


According to the CoinDesk Bitcoin Price Index, average prices across exchanges today opened at $4,111 and have seen a 4.97 percent increase so far. At press time, a bitcoin was worth $4,315


Notably, since the price passed the $4,000-mark for the first time yesterday, prices have maintained a level fluctuating at around $4,100, only dipping to below that level once when bitcoin was trading briefly for around $3,900. However, prices soon returned to above the $4,000 point.


The record-breaking price levels would seem to indicate money coming into the market that had been held back pending the uncertain outcome of a split of the bitcoin network that resulted in a new cryptocurrency called bitcoin cash.


Full story at http://bit.ly/2w9rz1K


Source: CoinDesk


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