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Bitcoin Price Shoots Past $2,900 to Hit New All-Time High
The price of bitcoin has hit a new all-time high, according to the CoinDesk Bitcoin Price Index (BPI).
The price of bitcoin has hit a new all-time high, according to the CoinDesk Bitcoin Price Index (BPI).
STORY CONTINUES BELOW
The market average has risen to as high as $2,911.86 as of press time, BPI data shows, surpassing the previous all-time high of $2,791.69 set on 25th May.
Bitcoin prices began the month below $2,500, according to the BPI, trading as low as $2,330.23 on 1st June. Markets climbed above the $2,700 mark for the first time this month yesterday, rising steadily during Monday's trading session.
At press time, the average price of bitcoin is $2,902.37, BPI data shows.
Image via Shutterstock
Stan Higgins
A member of CoinDesk's full-time Editorial Staff since 2014, Stan has long been at the forefront of covering emerging developments in blockchain technology. Stan has previously contributed to financial websites, and is an avid reader of poetry.
Stan currently owns a small amount (<$500) worth of BTC, ENG and XTZ (See: Editorial Policy).
