The price of bitcoin has broken yet another all-time high today, crossing the $13,000 line for the first time.
The CoinDesk Bitcoin Price Index (BPI) has posted a high of $13,017.96, representing a gain of more than 10 percent since the day’s open and an overall rise of over $1,300. It also brings bitcoin’s total market capitalization to roughly $217 billion, according to the BPI.
The move continues the trend reported earlier today when the price of bitcoin posted a $1,000-gain over the course of 24 hours, pushing past $12,000 for the first time earlier today.
At press time, the price of bitcoin is trading at $13,002.44, BPI data shows.
Additional data from CoinMarketCap.com shows that South Korean exchanges continue to trade well above the rest of the market, with Bithumb, Coinone and Korbit reporting trades above $15,000 at press time.
Runner 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. Have breaking news or a story tip to send to our journalists? Contact us at [email protected].
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.
https://www.coindesk.com/bitcoins-price-climbs-above-13000-to-reach-new-all-time-high/