29 Nov '17, 2pm

Bitcoin surges through $11,000 less than 24 hours after topping $10,000

Bitcoin surges through $11,000 less than 24 hours after topping $10,000

Bitcoin swung hundreds of dollars Wednesday morning. The digital currency spiked through $11,000 early Wednesday, hours after surpassing the $10,000 level for the first time. By 9:16 a.m. ET, bitcoin had leaped all the way to $11,377.33, according to CoinDesk. But just over an hour later, bitcoin was back below $11,000 trading near $10,777.27 as the new milestones brought with them rapid volatility. "Parabolic rallies are inherently unsustainable, otherwise bitcoin's value would surpass all the wealth of the world within a few years," Ari Paul, CIO and managing partner at cryptocurrency investment firm BlockTower Capital, said in an email to CNBC. "But ... while the pace of the rally is unsustainable and there will inevitably be corrections and crashes over time, it remains 'cheap.'" Since bitcoin's market capitalization is less than $200 billion, enthusiasts point out the...

Full article: https://www.cnbc.com/2017/11/29/bitcoin-surges-through-11...

Tweets

Bitcoin and Ethereum reach new highs, laugh at your puny savings accounts

Bitcoin and Ethereum reach new highs, laugh at ...

mashable.com 29 Nov '17, 1pm

These days, there's just no stopping Bitcoin. Just one day after crossing the important psychological barrier of $10,000 p...

Bubble trouble? Bitcoin tops $11,000 after $1,0...

reuters.com 29 Nov '17, 4pm

LONDON/NEW YORK (Reuters) - Bitcoin zoomed past $11,000 to hit a record high for the sixth day in a row on Wednesday after...

Bitcoin hits $11,000

Bitcoin hits $11,000

economist.com 29 Nov '17, 3pm

ALTHOUGH it may defy all reason, it should surprise no one that the price of bitcoin, a cryptocurrency, has just passed $1...

Bitcoin loses over a fifth of its value in less...

reuters.com 30 Nov '17, 2pm

LONDON (Reuters) - Bitcoin slid to as low as $9,000 in volatile trade on Thursday, having lost more than a fifth of its va...

Bubble trouble? Bitcoin tops $11,000, but fades...

reuters.com 29 Nov '17, 9pm

LONDON/NEW YORK (Reuters) - Bitcoin zoomed past $11,000 (£8,185.5) to hit a record high for the sixth day in a row on Wedn...

Bitcoin loses over a fifth of its value in less...

channelnewsasia.com 30 Nov '17, 2pm

LONDON: Bitcoin slid to as low as US$9,000 in volatile trade on Thursday, having lost more than a fifth of its value since...

So Long, $10k: Bitcoin Price Unstoppable As $11,000 Becomes New Benchmark

So Long, $10k: Bitcoin Price Unstoppable As $11...

cointelegraph.com 29 Nov '17, 1pm

Despite hitting $10,000 among major exchanges just hours ago, Bitcoin has already tackled $11,000 as markets show no signs...

Bitcoin tops $10,000, taking 2017 gains to 940 ...

reuters.com 29 Nov '17, 3am

LONDON/NEW YORK (Reuters) - Bitcoin zoomed past $11,000 to hit a record high for the sixth day in a row on Wednesday after...

Bitcoin just lost $2,000 worth of its value in a couple hours

Bitcoin just lost $2,000 worth of its value in ...

mashable.com 29 Nov '17, 8pm

Bitcoin's bubble just burst, at least a little bit. The high-flying cryptocurrency declined more than $2,000 dollars in th...

This is what CEOs and investors think:

bloomberg.com 01 Dec '17, 6am

Think about what happens if you make an online transfer using a bank. It verifies that you have the funds, subtracts that ...

Bitcoin Price Hits $10,000

Bitcoin Price Hits $10,000

cointelegraph.com 28 Nov '17, 11am

Bitcoin has finally surmounted the greatest psychological barrier of all, passing $10,000 and showing no signs of stopping...

Here's what bitcoin watchers are saying after the surge past $10,000

Here's what bitcoin watchers are saying after t...

bloomberg.com 29 Nov '17, 5am

Bitcoin entered uncharted territory on Wednesday after breaching $10,000 for the first time, leaving investors to wonder h...

Bitcoin just plunged 20% in a matter of hours

bloomberg.com 29 Nov '17, 8pm

Bitcoin plunged as much as 20 percent hours after a rally past $11,000 generated a surge in traffic at online exchanges th...

Bitcoin just plunged 20% in a matter of hours

bloomberg.com 29 Nov '17, 8pm

Bitcoin plunged as much as 20 percent hours after a rally past $11,000 generated a surge in traffic at online exchanges th...

Bitcoin keeps crushing records as its price hit...

thenextweb.com 28 Nov '17, 11am

It’s official: Bitcoin has finally crossed the $10,000 mark. The price of the popular cryptocurrency currently stands at $...