29 November 2017

Bitcoin Crosses $10,000 for the First Time Ever

Bitcoin Crosses $10,000 for the First Time Ever


Bitcoin rose above the symbolic $10,000 threshold for the first time, bringing its rise for the year to date to more than 900 per cent. The price of the cryptocurrency edged above $10,000 on Coinbase, the largest dollar denominated bitcoin exchange, which gave the latest price as $10,052 in Asia. 

Bloomberg data gave the intraday high as $10,058 before easing to $9,999.Bitcoin was trading at around $1,000 dollars at the beginning of 2017. 

Source- The Financial Times

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