Bitcoin Price Tops $9,000 in Historic First

Daniel Palmer
Nov 26, 2017 at 12:22 UTC  |  Updated  Nov 27, 2017 at 03:10 UTC

The price of a bitcoin has continued to rise overnight, passing $9,000 for the first time this morning.

Since setting new highs yesterday, prices climbed more or less steadily until finally passing $9,000 at 06:40 UTC today. The new record of $9,043.21 was reached roughly 35 minutes later, according to CoinDesk's Bitcoin Price Index.

At press time, prices are at $8,970 levels - up 2.43 percent for the session. CoinMarketCap data indicates that bitcoin has risen 6.16 percent in 24 hours, and 16.27 percent over the last seven days.

Bitcoin's amazing gains have helped drive the combined market value for all cryptocurrencies to yet another at new high of $285 billion. Bitcoin's market capitalization is now almost $151 billion.

OMG image via Shutterstock

The leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups.

Disclaimer: This article should not be taken as, and is not intended to provide, investment advice. Please conduct your own thorough research before investing in any cryptocurrency.


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