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Bitcoin reaches new record high, breaks $9,000
Bitcoin is getting closer and closer to $10,000.
The cryptocurrency hit a record high of $9,033 per bitcoin early Sunday morning. The price rose steadily over the weekend and surpassed $9,000 at around 6:40 a.m. UTC (1:40 a.m. ET), according to CoinDesk's Bitcoin Price Index. It now has a market cap of more than $150 billion.
Another digital currency ethereum also hit an all-time high of $485.18 on Saturday but has since dropped to $461.79 on Sunday, according to CoinMarketCap.
Bitcoin had been on an incredible run in the latter half of 2017. It was valued at $1,000 at the beginning of the year and is now closer to reaching the $10,000 mark as we inch toward to 2018. Bitcoin's value surpassed $5,000 and $6,000 in October and then rose over $7,000 and $8,000 in November. Read more...
More about Tech, Bitcoin, Ethereum, Cryptocurrency, and BusinessOriginal Link: http://feeds.mashable.com/~r/mashable/tech/~3/qdzd4HcE7n4/
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