$4,880: Bitcoin Price Climbs to Another All-Time High

Having briefly topped the $4,800 mark for the first time yesterday, bitcoin's price has bounced back to achieve a new high of almost $4,880 today.

AccessTimeIconSep 1, 2017 at 11:40 a.m. UTC
Updated Sep 14, 2021 at 1:56 p.m. UTC
CoinDesk - Unknown

[Updated]

Having only briefly topped the $4,800 mark for the first time yesterday, bitcoin's price has bounced back to achieve a new high just cents below $4,880 today.

Opening the session at $4,764.87, vigorous trading has seen the value of a bitcoin rise this morning to a record-setting $4,879.24 – up around $115 for the day so far, according to CoinDesk's Bitcoin Price Index. At press time, the price had dropped slightly to $4,876.

The market capitalization of the number one cryptocurrency has now reached over $79.7 billion – also a new high – and a market share of 45.4 percent, according to data from CoinMarketCap.

Elsewhere today, litecoin has also set a new all-time high of over $78, as has the combined market cap of all cryptocurrencies, which now stands at over $175 billion.

Climbing wall image via Shutterstock

DISCLOSURE

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.

The leader in news and information on cryptocurrency, digital assets and the future of money, 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. As part of their compensation, certain CoinDesk employees, including editorial employees, may receive exposure to DCG equity in the form of stock appreciation rights, which vest over a multi-year period. CoinDesk journalists are not allowed to purchase stock outright in DCG.