Share this article
BTC
$107,585.41
-
0.09%ETH
$2,490.71
-
2.31%USDT
$0.9990
-
0.07%XRP
$2.3058
-
1.68%BNB
$660.51
-
1.17%SOL
$172.12
-
1.18%USDC
$0.9987
-
0.06%DOGE
$0.2211
-
3.02%ADA
$0.7378
-
2.68%TRX
$0.2718
-
0.04%SUI
$3.6039
-
1.62%HYPE
$34.95
+
3.35%LINK
$15.28
-
2.69%AVAX
$22.46
-
3.08%XLM
$0.2828
-
2.63%SHIB
$0.0₄1449
+
0.34%BCH
$421.06
-
1.69%LEO
$8.8280
+
0.55%HBAR
$0.1879
-
1.68%XMR
$406.64
+
1.48%Sign Up
- Back to menuPrices
- Back to menuResearch
- Back to menu
- Back to menu
- Back to menu
- Back to menu
- Back to menuWebinars & Events
Bitcoin Surges Past $12,000 to New 2020 High
This is the second time the bitcoin price has soared past the $12,000 milestone in 2020 – it still has a way to go before it closes in on the 2019 record.
Bitcoin has risen above $12,000, exactly a week after it temporarily spiked past the key milestone.
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
- CoinDesk data shows bitcoin shot up at about 13:30 UTC, initially to $12,100, before jumping up again to just over $12,400 by 16:00 UTC, a 4.74% rise on the day.
- While bitcoin is now at a new 2020 high, it still has some way to go before it beats last year's high of $13,800 and is still further off from the all-time high of just under $20,000 set in December 2017.
- Following three months of ultra-low volatility, bitcoin shot up at from roughly $9,100 to over $11,000 in late July, before briefly spiking past $12,000 on Aug. 10.
- Bitcoin had been continuously flirting with that milestone over the past seven days, coming as close as $11,990 late on Aug. 14.
See also: Bitcoin Price Holds Below $12K Even as Hashrate Hits All-Time High
Paddy Baker
Paddy Baker is a London-based cryptocurrency reporter. He was previously senior journalist at Crypto Briefing.
Paddy holds positions in BTC and ETH, as well as smaller amounts of LTC, ZIL, NEO, BNB and BSV.
