Bitcoin’s Price is Flirting With $1,000 Again

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1 BTC = $33062.35 USD  (via Coinbase)
1 ETH = $1929.98 USD  (via Coinbase)
1 LTC = $130.52 USD  (via Coinbase)
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The price of bitcoin is inching closer to $1,000 once again.

Prices hit a high of $994.79 during morning trading, according to the CoinDesk Bitcoin Price Index (BPI), after opening at an average of $977.52. Prices haven’t exceeded $1,000 since 6th January, having crossed that benchmark on the first day of 2017.

The price of bitcoin is currently at an average of $993.04.

CNY-denominated markets are up more than 9{88c91daedd271a990a10650c05d769cae2765e0603edf30ca95f18704e5748e8}, reaching a high of ¥6,890.56. Those markets are averaging ¥6,865.50, BPI data shows, representing an increase of roughly 9.3{88c91daedd271a990a10650c05d769cae2765e0603edf30ca95f18704e5748e8}

Prices have been rising since earlier this week, a move that came amidst a shift in the exchange ecosystem amongst toward markets that don’t charge trading fees. Observers are split, however, on the long-term trajectory of these trends.

Image via Shutterstock

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1 CRYPTO

Crypto News & ICO Reviews

1 News - 247 News - 247 Bitcoin - 1 Search

BTC - BCH - ETH - LITE - XRP

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Ticker

1 BTC = $33074.01 USD  (via Coinbase)
1 ETH = $1929.98 USD  (via Coinbase)
1 LTC = $130.52 USD  (via Coinbase)
Quotes delayed up to 2 minutes.

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