Bitcoin Price Hits New All-Time High Above $1,800

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The world’s most prominent cryptocurrency became more valuable today as bitcoin prices scaled beyond $1,800 for the first time on Thursday. On Bitstamp, bitcoin price reached a record high of $1,892.

Another day and another peak scaled by bitcoin. Average global prices reached a high of $1,850.75 (BraveNewCoin Index) while BTC/USD trading on Bitfinex hit an overall record high of $1,908.1.

Bitfinex year-to-date chart.

San Francisco-based Coinbase registered a peak trading value of $,1889 on Thursday.

The cryptocurrency’s remarkable gains come in a month that has seen its value spiral upwards as prices jumped over $100 during Thursday’s trading following Wednesday.

At the time of publishing, global bitcoin price is averaging above $1,830.

Since the turn of May, bitcoin has put on over $500, gaining nearly 40% in value.

Bitcoin’s significant strides in value coincides with a number of soaring gains witnessed in the wider cryptocurrency ecosystem, with the likes of Ripple, Litecoin and Ethereum leading the way in the alternative cryptocurrency boom.

While

Read more ... source: CryptoCoinsNews

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