31 Aug '17, 8pm

Bitcoin Price Jumps Above $4,800 for the First Time

Bitcoin's price briefly passed above the $4,800 mark for the first time today. According to data from CoinDesk's Bitcoin Price Index (BPI ), the price of the cryptocurrency hit a high of $4,802.74, before falling back to levels seen over the past few hours of trading. At press time, the price of bitcoin is trading at roughly $4,762, per data from the BPI. The push above $4,800 continued gains seen earlier today, when bitcoin once again crossed $4,700 to hit a new all-time high . That milestone was buoyed by an overall lift in cryptocurrency prices that pushed the collective market capitalization above $170 billion for the first time. Earlier this month, Goldman Sachs chief technician Sheba Jafari wrote in a note to clients that bitcoin prices could surge above $4,800 in the trading sessions to come – though she cautioned that the push had the potential to fall to as low as...

Full article: https://www.coindesk.com/bitcoin-price-jumps-4800-first-t...

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Bitcoin hits $4,800 for the first time

Bitcoin hits $4,800 for the first time

businessinsider.de 01 Sep '17, 11am

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via @bi_contributors

via @bi_contributors

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