$6,054: Bitcoin Price Soars to All-Time High

$6,054: Bitcoin Price Soars to All-Time High

The bitcoin price soared to a new all-time high of $6,054 on Friday, punching through the $6,000 barrier for the first time. Bitcoin Price Storms Past $6,000 After a week of volatility, the bitcoin price had appeared to settle down to a stable level on Friday. That, however, was just the calm before the storm. After consolidating support at the $5,650 mark, the bitcoin price began to soar, crossing the $5,700, $5,800, and $5,900 checkpoints in quick succession At 15:00 UTC, Bitfinex experienced an explosion in trading volume, carrying the bitcoin price over the $6,000 to set a new all-time high of $6,054.
Ethereum, Bitcoin Prices Stabilize After Day of Sideways Trading

Ethereum, Bitcoin Prices Stabilize After Day of Sideways Trading

Traders restored a bit of stability to the crypto markets on Friday following a day of sideways trading. The bitcoin price and ethereum price each declined a bit less than 1% for the day, and most major altcoins experienced similar minor declines. However, no top 10 cryptocurrency moved more than 3%, providing the market with one of its calmer day-over-day performances in recent memory. Chart from CoinMarketCap Altogether, the cryptocurrency market cap shed about $1.
Bitcoin Price Shakes Off Wednesday Downturn; CFTC Primer Not a Factor

Bitcoin Price Shakes Off Wednesday Downturn; CFTC Primer Not a Factor

The bitcoin price stormed back to $5,700 on Thursday, shaking off the Wednesday downturn that pulled it as low as $5,114. Bitcoin Price Recovers from Wednesday Dip Many investors were surprised when the bitcoin price held above $5,500 after last week’s dramatic rally, which saw bitcoin surge by more than $1,200 in a four-day period. Some analysts even raised their year-end price targets in response to the record-setting advance.
Bitcoin Price Bounces Back, Crypto Markets Recover to $170 Billion

Bitcoin Price Bounces Back, Crypto Markets Recover to $170 Billion

The crypto markets bounced back on Thursday following a significant contraction the previous day. The bitcoin price led the charge, rising more than 6% to put the $5,700 barrier within its sights, while the ethereum price ticked up 3% to $309. Unfortunately, the recovery was not comprehensive, and some cryptocurrencies — including ripple — continued to decline. Chart from CoinMarketCap The downturn forced the total cryptocurrency market cap as far down as $156.
Ethereum, Bitcoin Prices Plunge in Apparent Market Sell-Off

Ethereum, Bitcoin Prices Plunge in Apparent Market Sell-Off

The crypto markets took a bearish turn on Wednesday, shedding nearly $15 billion as traders initiated an apparent market sell-off. The bitcoin price bore the brunt of the blow, causing it to fall by almost $500 in the past day alone, but every top 5 cryptocurrency fell by more than 7%, and market caps up and down the charts began to evaporate. Chart from CoinMarketCap The combined value of all cryptocurrencies entered the day at just under $175 billion, and many investors believed it would continue to ride last week’s market rally across the $180 billion threshold and set a new all-time high.

Stock Market Bear Sets $1 Million Bitcoin Price Target

Hedge fund manager Mark Yusko forecasts that the bitcoin price has the potential to reach $1 million over the long term as the network effect leads increasing numbers of investors to use it as a store of value in place of traditional commodities such as precious metals. Yusko, who founded Morgan Creek Capital Management and serves as the firm’s chief investment officer, is noted for his bearish outlook on the stock market.
Bitcoin Price Cracks $5,700 but Ethereum Wanes after Byzantium

Bitcoin Price Cracks $5,700 but Ethereum Wanes after Byzantium

The crypto markets have exhibited mixed performance during the early portion of the week. The bitcoin price continued to hover near its all-time high on Tuesday, climbing just enough to crack the $5,700 barrier. The ethereum price, meanwhile, lost ground following the successful deployment of its much-anticipated Byzantium hard fork. Chart from CoinMarketCap Altogether, the markets rose about $1.
Ethereum, Bitcoin Prices Lead Market Recovery after Sunday Pullback

Ethereum, Bitcoin Prices Lead Market Recovery after Sunday Pullback

The crypto markets regained a bit of the ground they lost during Sunday’s pullback, fueled by positive movement from the bitcoin price and ethereum price. The ripple price also achieved a respectable increase, leading the wider altcoin markets to a moderate advance. Chart from CoinMarketCap Weekend trading had reduced the total cryptocurrency market cap below $170 billion, but the markets began to climb leading into Monday morning and had surpassed $175 billion at the time of writing.
$175 Billion: Ethereum, Bitcoin Prices Lead Crypto Market Rally

$175 Billion: Ethereum, Bitcoin Prices Lead Crypto Market Rally

The bitcoin price and ethereum price continued to climb on Saturday, ticking up just enough to pass significant thresholds. The wider markets made moderate gains as well, enabling the total cryptocurrency market cap to rise above $175 billion for the first time since the beginning of September. Chart from CoinMarketCap On Friday, the combined value of all cryptocurrencies crossed the $170 billion checkpoint, highlighting the degree of its recovery since last month’s pullback.
Bitcoin Price Targets $6,000 as Crypto Market Cap Crosses $170 Billion

Bitcoin Price Targets $6,000 as Crypto Market Cap Crosses $170 Billion

The bitcoin price continued its meteoric rise on Friday, climbing as high as $5,840 to make $6,000 seem like a near-term possibility. The wider crypto markets experienced a general upswing as well, with the ethereum price posting a 7% to gain to rise above $325 for the first time in more than a month. Chart from CoinMarketCap Altogether, the combined value of all cryptocurrencies rose by another $10 billion for the day.
$5,419: Bitcoin Price Goes Meteoric After Hitting All-Time High

$5,419: Bitcoin Price Goes Meteoric After Hitting All-Time High

The bitcoin price went meteoric on Thursday, surging past $5,400 to shatter the all-time high it set at the beginning of September. Bitcoin Price Goes Meteoric Bitcoin’s October rally continued today, enabling the flagship cryptocurrency to finally burst through the $5,000 checkpoint for the first time since briefly touching that mark on September 2. The last time bitcoin hit that mark, traders initiated a minor sell-off that evolved into a major downturn when China began prohibiting initial coin offerings (ICOs) and cryptocurrency trading just days later.
$5,220: Bitcoin Price Hits New Record, Lifts Crypto Market Cap to $160 Billion

$5,220: Bitcoin Price Hits New Record, Lifts Crypto Market Cap to $160 Billion

The bitcoin price soared past $5,200 on Thursday to set a new all-time high and silence once and for all claims that China’s initial coin offering and bitcoin exchange ban would send the markets into a death spiral. The majority of other cryptocurrencies experienced moderate rallies, raising the total cryptocurrency market cap above $160 billion for the first time since September 8. Chart from CoinMarketCap The combined value of all cryptocurrencies entered the day at $154 billion and steadily climbed leading into Thursday morning.
Bitcoin Price Settles Down to $4,830 as Altcoins Initiate Minor Recovery

Bitcoin Price Settles Down to $4,830 as Altcoins Initiate Minor Recovery

Defying the expectations of many investors, the bitcoin price did not reach $5,000 on Tuesday. However, bitcoin remains in position for a breakout, and the general expectation is that the question is not if bitcoin will reach $5,000 — but when. Wednesday brought a minor recovery to the altcoin markets, enabling them to reclaim about $1.5 billion of the combined market cap they had shed earlier this week. Chart from CoinMarketCap The total cryptocurrency market cap entered the day at $152.
$4,920: Bitcoin Price Scales the Charts in Pursuit of All-Time High

$4,920: Bitcoin Price Scales the Charts in Pursuit of All-Time High

The bitcoin price punched through $4,900 on Tuesday, defying hostile Russian regulators and reaching ever closer to a new all-time high. Bitcoin Price Breaks Past $4,920 “It feels like a $5k kinda day,” Blockchain Capital’s Spencer Bogart tweeted this morning, and he was not alone in this sentiment. Since breaking through the psychologically-important $4,500 barrier earlier this week, bitcoin has continued to scale the charts, and investors have been anticipating the moment when the bitcoin price will leap across the $5,000 mark to set a new record.
Bitcoin Price Holds at $4,800 as Altcoins Plot Recovery

Bitcoin Price Holds at $4,800 as Altcoins Plot Recovery

The bitcoin price held above $4,800 on Tuesday, bringing it one step closer to reaching $5,000 and setting a new all-time high. The ethereum price declined for the day, but it managed to recover above $300 after a mid-day dip. Meanwhile, the altcoin markets began to plot their recovery after losing significant ground to bitcoin during yesterday’s trading. Chart from CoinMarketCap Altogether, the markets added about $2.
$4,875: Bitcoin Price Surges toward All-Time High as Altcoins Plummet

$4,875: Bitcoin Price Surges toward All-Time High as Altcoins Plummet

The bitcoin price surged past $4,875 on Monday as traders began to flee from the altcoin markets and pour their wealth back into bitcoin ahead of the SegWit2x hard fork that is scheduled for November. Bitcoin Price Surges Past $4,875 Bitcoin’s dominant hold on the cryptocurrency economy had tapered throughout 2017, with bitcoin’s share of the total market cap falling as low as 34% after entering the year at 88%. The year’s bull market led to a dramatic expansion of the altcoin markets, and the initial coin offering boom reduced bitcoin’s market cap share further still.
Bitcoin Price Breaks Toward $4,600 as Ethereum, Altcoins Lag Behind

Bitcoin Price Breaks Toward $4,600 as Ethereum, Altcoins Lag Behind

The bitcoin price rose another 3% on Monday, bringing it within $20 of the $4,600 threshold and enabling it to raise its total market share above 50%. The ripple price joined bitcoin in its ascent and extended its rally by another 10%. Unfortunately, the rest of the markets were not so lucky. The ethereum price posted a minor decline, and the majority of other top 100 cryptocurrencies followed its lead. Chart from CoinMarketCap After a mid-day rally, the total cryptocurrency market cap ended the day trading sideways, although it did add about $800 million to bring the total value of all cryptocurrencies to a present value of $151.
Ripple, Ethereum Prices Help Market Shake Off Mid-Week Slump

Ripple, Ethereum Prices Help Market Shake Off Mid-Week Slump

The total cryptocurrency market cap weathered a mid-week slump to end the week on solid footing. The majority of cryptocurrencies posted 7-day declines, but strong showings toward the top of the charts — particularly from the ripple price and ethereum price — enabled the crypto market cap to tick up into positive territory. Chart from CoinMarketCap The cryptocurrency market cap ended last week just below $147 billion.
Ethereum, Bitcoin Prices Rally Past Checkpoints Amid Rising Crypto Tide

Ethereum, Bitcoin Prices Rally Past Checkpoints Amid Rising Crypto Tide

The cryptocurrency markets resumed their advance on Friday, adding $5 billion to their combined market caps. Bitcoin price was one of the primary beneficiaries, and it leaped by more than $100 to pass the $4,400 checkpoint. Not one to be outdone, the ethereum price extended past a significant threshold of its own, while Ripple refused to put the brakes on its dramatic midweek surge. Chart from CoinMarketCap Part of this rally should be attributed to Taiwan’s decision to adopt a friendly stance toward cryptocurrency usage.

Bitcoin Price Trends Up as US-North Korea Tensions Heighten

Tensions between North Korea and the United States heightened over the weekend, correlating with a rise in the bitcoin price. U.S.-North Korean Tensions Heighten The prolonged conflict between the United States and North Korea has reached unprecedented levels in recent months, as the leaders of both nations have traded insults and North Korea has continued to demonstrate its nuclear capabilities.

Bitcoin Price Trends Up as US-North Korea Tensions Heighten

Tensions between North Korea and the United States heightened over the weekend, correlating with a rise in the bitcoin price. U.S.-North Korean Tensions Heighten The prolonged conflict between the United States and North Korea has reached unprecedented levels in recent months, as the leaders of both nations have traded insults and North Korea has continued to demonstrate its nuclear capabilities.

Bitcoin Price Trends Up as US-North Korea Tensions Heighten

Tensions between North Korea and the United States heightened over the weekend, correlating with a rise in the bitcoin price. U.S.-North Korean Tensions Heighten The prolonged conflict between the United States and North Korea has reached unprecedented levels in recent months, as the leaders of both nations have traded insults and North Korea has continued to demonstrate its nuclear capabilities.
Bitcoin Price Punches Past $4,315 in Korea-Fueled Rally

Bitcoin Price Punches Past $4,315 in Korea-Fueled Rally

The bitcoin price snapped out of its two-day slump on Thursday, climbing past $4,315 amid surging demand from Korean traders. Bitcoin Price Spikes to $4,315 Earlier this morning, the bitcoin price began to dip, falling as low as $4,164 at 9:00 UTC. Although it quickly recovered above the $4,200 threshold, it appeared that the markets were cooling off from last week’s rally. However, the bitcoin price continued to spike leading into the afternoon hours, bringing it above the $4,300 mark to a present global average of $4,315.
Ripple Price Surges as Bitcoin, Ethereum, Bide their Time

Ripple Price Surges as Bitcoin, Ethereum, Bide their Time

Neither the ethereum nor the bitcoin price managed to make progress on Thursday, but both cryptocurrencies successfully overcame temporary dips to hold at their previous-day levels. Meanwhile, the bitcoin cash price and Ripple price have been making significant movements–in opposite directions. Chart from CoinMarketCap Yesterday, the combined value of all cryptocurrencies was $144.
Ethereum, Bitcoin Prices Trade Sideways as Crypto Markets Tread Water

Ethereum, Bitcoin Prices Trade Sideways as Crypto Markets Tread Water

The crypto markets settled down on Wednesday, dipping just slightly below their previous day levels. The ethereum and bitcoin prices set a tepid tone with daily declines of about 1% each, although a few top-tier altcoins posted more significant movements. Chart from CoinMarketCap The combined value of all cryptocurrencies entered the day at $144.