An Interest In:
Web News this Week
- April 15, 2024
- April 14, 2024
- April 13, 2024
- April 12, 2024
- April 11, 2024
- April 10, 2024
- April 9, 2024
April 2, 2019 07:49 am GMT
Original Link: http://feeds.mashable.com/~r/mashable/tech/~3/z5UHAvSVlAk/
Bitcoin surges, hitting $5,000 for the first time this year
Bitcoin has been in a lull in recent months. The largest cryptocurrency's price kept declining throughout 2018, finally finding a bottom at roughly $3,200 last December. Since then, it's been a slow and shaky climb upwards.
On Tuesday, however, the price of Bitcoin surged more than 15% in less than an hour. The price briefly surpassed $5,000 on some exchanges, but is now slowly declining and currently sits at $4680, according to CoinMarketCap.
Bitcoin's price is known to be volatile, but this surge is notable as Bitcoin hasn't come close to $5,000 since November 2018. Furthermore, the sudden rise brings back memories of 2017, when such enormous price increases were nothing out of the ordinary. Read more...
More about Bitcoin, Tech, and Cryptocurrency BlockchainOriginal Link: http://feeds.mashable.com/~r/mashable/tech/~3/z5UHAvSVlAk/
Share this article:
Tweet
View Full Article
Mashable
Mashable is the top source for news in social and digital media, technology and web culture.More About this Source Visit Mashable