News $10,000: Bitcoin's Price Makes History - CoinDesk

$10,000: Bitcoin's Price Makes History – CoinDesk

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The price of bitcoin has risen above $10,000 on CoinDesk’s Bitcoin Price Index (BPI) for the first time.

Having scaled to $9,000 this weekend, the world’s largest cryptocurrency by market capitalization hit a new high at 1:45 UTC today, market data shows. The move came after exchanges in South Korea saw trading above that threshold both yesterday and today.

On a year-to-date basis, bitcoin is up more than 900 percent. Prices are up more than 230 percent of the post-China exchange ban low of $3,000 that came in mid-September.

The meteoric rise has pushed the combined market value for all cryptocurrencies to a new high. Bitcoin’s market capitalization is now close to $170 billion, additional market data shows.

At press time, the price of bitcoin is trading at X.

Image via Shutterstock


The leader in blockchain news, CoinDesk is an independent media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. Interested in offering your expertise or insights to our reporting? Contact us at news@coindesk.com.

Disclaimer: This article should not be taken as, and is not intended to provide, investment advice. Please conduct your own thorough research before investing in any cryptocurrency.

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