The Bitcoin Price Just Set a New All-Time High Above $4,700
The price of bitcoin is now trading at its highest level ever, according to data from the Bitcoin Price Index.
Updated Sep 13, 2021 at 6:52 a.m. UTC
![default image](https://www.coindesk.com/resizer/4Ykb_W35j0qBSh5PoEZvnkHJl_E=/567x567/filters:quality(80):format(jpg)/cloudfront-us-east-1.images.arcpublishing.com/coindesk/3UTBLGFDXJBK3AFH2BFSWPODZQ.png)
The price of bitcoin is now trading at its highest level ever.
At press time, the average price of bitcoin across global exchanges was $4,703.21, a figure that was up roughly 4% from a previous high of $4,522.13 set on August 18.
![coindesk-bpi-chart-135](https://www.coindesk.com/resizer/pO3qozBSAOnImwnoQLM5KQ5T1lE=/560x280/filters:quality(80):format(jpg)/cloudfront-us-east-1.images.arcpublishing.com/coindesk/2FQJK7Z6JJHTXCXTYKF34XHH7E.jpg)
The move comes as bitcoin prices edged up over the day's session, beginning an upward ascent around 12:20 UTC. Since that time, the price of bitcoin is up more than $100, rising from $4,342 at the time.
Overall, the price of bitcoin is up from a daily low of $4,400. On the year, bitcoin is now up 350% from roughly $1,000 on January 1.
Elsewhere, the price of ether, ethereum's blockchain token, was nearing all-time highs, reaching its highest total observed since mid-June.
Rocket image via Shutterstock