Bitcoin’s Price is Up Over $50 Already Today

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1 BTC = $49271.87 USD  (via Coinbase)
1 ETH = $4297.63 USD  (via Coinbase)
1 LTC = $159.27 USD  (via Coinbase)
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The price of bitcoin is up more than 7{88c91daedd271a990a10650c05d769cae2765e0603edf30ca95f18704e5748e8} today, climbing to just under $900.

Markets saw an average high of $896, according to the CoinDesk USD Bitcoin Price Index (BPI) after opening the day at $830. At press time, prices were currently averaging $882.10, an increase of just over 6{88c91daedd271a990a10650c05d769cae2765e0603edf30ca95f18704e5748e8}, BPI data shows.

Notably, CNY-denominated markets have climbed more than 10{88c91daedd271a990a10650c05d769cae2765e0603edf30ca95f18704e5748e8} today, hitting a high of ¥6,193.35. Prices are currently averaging ¥6,091.78.

The jump followed a day of relative calm, which saw the digital currency’s price fluctuate between $820 and $835 during much of the day’s trading.

BPI data shows that the price increase began shortly after 03:00 UTC this morning, a rise that has sparked curiosity given that it seems to have been driven by China-based exchange activity.

Bitcoin markets have seen a mix of volatile and subdued trading sessions in recent days, spurred significantly by regulatory developments from the region.

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 = $49271.87 USD  (via Coinbase)
1 ETH = $4297.63 USD  (via Coinbase)
1 LTC = $159.27 USD  (via Coinbase)
Quotes delayed up to 2 minutes.

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