Bitcoin Price Tops $9,000 in Historic First

Bitcoin Price Tops $9,000 in Historic First

The price of a bitcoin has continued to rise overnight,

passing $9,000 for the first time this morning.

Since setting new highs yesterday, prices climbed more or less steadily until finally passing $9, The price of a bitcoin has continued to rise overnight, passing $9,000 for the first time this morning. Since setting new highs yesterday, prices climbed more or less steadily until finally passing $9,000 at 06:40 UTC today. The new record of $9,043.21 was reached roughly 35 minutes later, according to CoinDesk's Bitcoin Price Index. At press time, prices are at $8,970 levels – up 2.43 percent for the session.

CoinMarketCap data indicates that bitcoin has risen 6.16 percent in 24 hours, and 16.27 percent over the last seven days. Bitcoin's amazing gains have helped drive the combined market value for all cryptocurrencies to yet another at new high of $285 billion. Bitcoin's market capitalization is now almost $151 billion.

000 at 06:40 UTC today. The new record of $9,043.21 was reached roughly 35 minutes later, according to CoinDesk's Bitcoin Price Index. At press time, prices are at $8,970 levels – up 2.43 percent for the session. CoinMarketCap data indicates that bitcoin has risen 6.16 percent in 24 hours, and 16.27 percent over the last seven days. Bitcoin's amazing gains have helped drive the combined market value for all cryptocurrencies to yet another at new high of $285 billion. Bitcoin's market capitalization is now almost $151 billion.

Bitcoin, Ether Prices Surge to Fresh All-Time Highs

The top two cryptocurrencies by market capitalization,

bitcoin and ether, have continued their respective rallies, setting fresh record highs today. Soon before press time, the price of 1 BTC had set a new record of $8,470.73. Having traded more or less sideways since Monday, prices started to lift at 07:00 UTC, setting the new all-time high at 09:43, according to CoinDesk's Bitcoin Price Index. Bitcoin started the session today at $8,201, and is up 2.85 percent for the session. According to CoinMarketCap, bitcoin has risen 11.97 percent over 24 hours, and 39.25 percent for the week.

The sharp gains come as the combined market capitalization for all cryptocurrencies also peaks at new highs – currently standing at $267.6 billion. Bitcoin's market cap is now over $141 billion. Elsewhere in the cryptocurrency markets, ether also continues to set new highs. The native token of the ethereum project soared to $485.19 around 01:30 UTC this morning. Currently the token stands at $464, up 12 percent for the day and 39 percent for the last 7 days, also according to CoinMarketCap data.

Chuck Reynolds


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