06 Nov '13, 8pm

Bitcoin price hits all-time high of $269

Bitcoin price hits all-time high of $269

The price of one Bitcoin reached an all-time high of $269 on Wednesday, surpassing the previous record of $267 set in April 2013. Mt. Gox, one of the largest and most well-known sites for exchanging bitcoins with US dollars, reported the record high at 5:40am GMT. Bitcoin has been steadily increasing in value over the past month, after a long period of relative stability for the highly volatile crypto-currency. At the beginning of October, one BTC was worth $145. The closure on 2 October of the Silk Road website , which reportedly represented up to 5% of the bitcoin economy, caused a short-term crash in prices, but the currency soon recovered. Since then it has been on a rapid increase, at one point rising by 14% in a single day. Users and observers of the crypto-currency have many theories about why the increase may have occurred. Some point to the closure of the Silk Roa...

Full article: http://www.theguardian.com/technology/2013/nov/06/bitcoin...

Tweets

Bitcoin price soars over $266 and hits a new all-time high

Bitcoin price soars over $266 and hits a new al...

coindesk.com 06 Nov '13, 5am

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businessinsider.com 06 Nov '13, 3pm

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washingtonpost.com 06 Nov '13, 5am

Price of bitcoin on Mt. Gox. (Bitcoincharts.com ) The price of bitcoins rose to $267.40 on Tuesday, setting a new all-time...

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thenextweb.com 06 Nov '13, 6am

There may still be money to be made investing in Bitcoin. This morning, Bitcoin has just hit an all-time high of $267 , su...

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thenextweb.com 06 Nov '13, 6am

There may still be money to be made investing in Bitcoin. This morning, Bitcoin has just hit an all-time high of $267 , su...

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online.wsj.com 13 Nov '13, 3pm

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Three reasons why the price of Bitcoin is surging

business.time.com 08 Nov '13, 9am

The price of Bitcoin, the digital cryptocurrency favored by hackers and privacy buffs, has experienced a steady uptick ove...