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.
Read more ... source: CryptoCoinsNews
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