In brief

#Bitcoin rocketing through 12K on Monday morning is much more energizing and a large cold brew.
— Tyler Winklevoss (@tylerwinklevoss) August 17, 2020
$83,535.00
-0.82%$1,910.18
-0.91%$2.35
-1.27%$628.07
2.83%$128.58
-5.04%$0.9999
0.01%$0.71439
-3.65%$0.172428
-1.12%$0.212644
-3.44%$1,910.81
-0.82%$83,336.00
-0.60%$1.40
-8.52%$9.81
0.98%$3.53
2.10%$13.68
-2.15%$0.270552
-1.19%$1.00
0.01%$2,285.00
-0.75%$0.192408
0.95%$0.00001346
4.94%$18.62
-4.80%$2.30
-1.61%$93.25
1.24%$4.44
2.65%$6.86
3.46%$337.30
-0.37%$0.999575
-0.04%$1,910.39
-0.98%$4.43
-0.72%$1.001
0.06%$13.44
-4.60%$28.34
-1.72%$2,028.98
-0.98%$211.35
0.10%$6.22
-0.09%$1.044
0.07%$5.34
-0.17%$2.56
-3.53%$49.02
5.14%$0.00000673
-5.10%$0.834895
5.20%$5.74
-0.80%$17.76
-0.71%$21.73
0.41%$0.837051
-3.38%$83,542.00
-0.75%$169.19
-1.45%$29.88
1.51%$0.085149
2.92%$11.33
-5.47%$0.02473442
-1.07%$247.05
-3.45%$0.997637
-0.15%$4.65
-0.14%$0.366002
-1.52%$0.074425
-7.15%$2.91
-0.23%$0.215398
-1.01%$3.43
-5.71%$3.99
-0.01%$3.19
-2.26%$83,573.00
-0.44%$0.190587
-4.04%$0.507757
-5.25%$0.360677
-0.28%$0.999916
-0.05%$5.51
-2.72%$0.861342
-1.58%$11.15
-0.70%$0.515846
-2.14%$0.49988
-5.31%$83,412.00
-0.80%$1.00
0.00%$1,912.65
-0.81%$78.25
-1.15%$1,984.09
-0.95%$0.442096
-7.78%$0.06751
-1.00%$1.058
-1.82%$1,210.55
-1.20%$0.858239
-1.21%$0.554247
-3.00%$17.16
-1.61%$0.997768
0.00%$0.199507
-2.76%$9.86
-2.74%$0.63272
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-0.98%$0.01516957
-0.31%$133.86
-4.90%$0.093562
-1.98%$0.891942
-1.42%$0.948243
-0.42%$0.999781
-0.03%$0.00001072
-2.49%$82,268.00
-1.80%$1.00
0.04%$2,026.66
-0.73%$628.21
2.83%$1.00
0.02%$0.486408
-3.24%$2,990.07
0.16%$0.01683889
-1.83%$6.77
5.60%$0.695613
-2.12%$1.001
-0.02%$0.282115
-0.98%$0.00000069
-1.10%$83,314.00
-0.92%$34.03
0.11%$0.01390721
-3.63%$2.16
-3.48%$0.177805
-3.60%$0.409607
-1.01%$0.108796
-1.51%$3,000.34
0.11%$1.00
0.03%$164.05
-4.96%$2.06
11.61%$1,986.12
-0.96%$0.00006127
-1.85%$3.19
4.63%$7.96
-2.17%$0.419061
-1.37%$1.001
0.07%$16.40
-3.81%$0.148772
-1.47%$33.58
3.36%$140.61
-4.81%$0.488947
-0.32%$1.001
0.16%$3.27
-0.54%$0.075143
0.06%$18.17
-0.33%$0.0054954
-3.59%$0.999733
-0.06%$0.264753
-3.64%$0.179588
-2.68%$0.793075
-1.56%$0.638244
0.89%$0.743943
0.79%$0.480354
-3.33%$82,302.00
-0.36%$1.62
-2.95%$7.01
5.03%$2,025.06
-0.93%$0.999803
-0.02%$1,910.58
-0.92%$0.172752
-1.02%$0.086262
0.03%$83,374.00
-1.08%$0.0449666
-2.16%$0.00002128
-0.32%$83,221.00
-0.85%$0.520175
-1.48%$0.519435
-3.43%$1,910.30
-0.99%$0.00000042
-2.94%$0.0124574
-4.74%$110.33
0.00%$0.00647895
-2.84%$6.04
3.99%$1.001
0.12%$0.405129
-1.50%$1.15
-4.16%$1.066
0.00%$82,962.00
-0.84%$1.091
0.88%$1.39
-3.75%$42.80
1.26%$0.215286
-1.40%$0.405204
-0.83%$0.399216
-2.56%$1,908.86
-0.73%$21.94
-0.12%$1,989.47
-1.03%$0.998461
-0.00%$0.846605
-3.26%$83,273.00
-0.71%$0.00408549
-3.94%$0.0000632
-2.23%$0.297744
-6.77%$1,915.33
-3.31%$1.40
-1.26%$2.09
-3.41%$1.002
0.23%$1.32
-0.52%$0.03296278
-2.13%$0.00621613
-2.36%$1.004
0.54%$124.53
-1.01%$0.260527
-2.11%$0.00564838
-1.75%$4.00
1.18%$1,886.08
-0.99%$1.27
-3.52%$0.298967
-12.78%$0.148065
-3.12%$0.02898948
-3.33%$1,910.34
-0.93%$0.285457
-0.78%$0.83183
-1.58%$17.31
2.92%$22.91
-0.66%$2,084.76
-0.94%$1.14
-1.49%$0.200947
-0.67%$0.03487544
-3.85%$0.62541
0.30%$2,011.98
-1.02%$0.999978
-0.04%$83,355.00
-0.82%$0.533074
-2.44%$0.07207
-1.31%$2.77
2.10%$2.33
-7.07%$0.999595
-0.00%$0.00000012
-0.25%$0.03725627
-2.60%$83,376.00
-0.94%$1,676.34
-0.86%$0.087031
-3.48%$2,071.23
-0.92%$2,986.19
0.05%$0.003347
1.10%$1.00
0.02%$1,903.79
-0.91%$0.00239625
-3.70%$137.29
-5.10%$1.15
0.69%$4.28
2.47%$0.01220454
-0.92%$0.03143143
-1.06%$0.56907
-8.03%$0.104931
-2.25%$35.49
30.74%$0.418871
-0.96%$0.638962
1.13%$1,908.14
-0.98%$2.16
-2.44%$0.00492237
-0.75%$0.090537
-6.51%$0.146055
-3.01%$0.00248873
-0.39%$2.17
-0.74%$0.0321417
-1.05%$5.49
-0.99%$0.194362
-3.68%Reading
The price of Bitcoin surpassed $12,000 on Monday, marking the second time the cryptocurrency has reached this milestone within 2020. This represents a 5.2% increase from its lowest value during the last seven days.
The initial increase propelled Bitcoin to $12,197, before the cryptocurrency fell back to $11,780, on crypto exchange Binance. Then the price managed to pick back up to its current value of $12,240.
Throughout the last seven days Bitcoin has been hovering in the $11,000 bracket, pushing up as high as $11,900 and dropping as low as $11,400, according to data provider CoinMarketCap.
Tyler Winklevoss, co-founder and CEO of Gemini, tweeted, “Bitcoin rocketing through 12K on Monday morning is much more energizing [than] a large cold brew.”
#Bitcoin rocketing through 12K on Monday morning is much more energizing and a large cold brew.
— Tyler Winklevoss (@tylerwinklevoss) August 17, 2020
Starting 2020 out at about $7,200, Bitcoin’s price remained relatively stable until March, when the cryptocurrency suffered a major blow amidst the outbreak of the COVID-19 pandemic—falling from $9,000 to $4,500 in hours. Bitcoin steadily rose back up, reaching the $9,000 mark in May, before breaching $11,000 just before the start of August.
There has also been a surge in demand for Bitcoin from large investors. MicroStrategy CEO Michael Saylor recently announced his firm’s decision to invest $250 million in Bitcoin—despite personally predicting the death of Bitcoin some years ago.
Correction: An initial version of this article said the investment was $250,000. We regret the error. Business analytics firm MicroStrategy has made a $250 million investment in Bitcoin, while endorsing the cryptocurrency as a superior asset class. The firm puchased 21,454 Bitcoin as part of a capital allocation strategy. "This investment reflects our belief that Bitcoin, as the world’s most widely-adopted cryptocurrency, is a dependable store of value and an attractive investment asset with mor...
Digital asset manager Grayscale Investments has also seen $217 million of inflows into its major trusts for Bitcoin, Ethereum and other cryptocurrencies. This came following a national TV ad—that failed to properly mention Bitcoin.
Barstool Sports founder David Portnoy has also caught the Bitcoin bug and has been discussing it heavily on YouTube—as well as interviewing the Winklevoss twins about it.
But can all this attention push Bitcoin above $13,000?
Digital asset prime broker FalconX said Saturday it has completed the “first-ever” block trade for CME Group's Solana futures with StoneX as counterparty, a day ahead of the SOL futures launch of new contracts expected on March 17. The San Mateo, California headquartered broker executed the transaction with the goal of providing a way "to manage risk and price exposure on a regulated venue," Josh Barkhordar, head of U.S. sales at the firm said in a statement. A block trade in this context is a l...
Bitcoin and Ethereum extended losses on Sunday as traders braced for another volatile week, with U.S. stock futures pointing lower ahead of the Federal Reserve’s upcoming policy meeting. Bitcoin slipped nearly 1.8% to trade around $82,700, while Ethereum dropped 2.5% to $1,889, as investors assessed the impact of macroeconomic uncertainty and shifting regulatory developments. As of Sunday evening, Dow Jones Industrial Average futures declined 0.37%, while S&P 500 and Nasdaq Composite futures fel...
One week after U.S. President Trump announced a strategic Bitcoin reserve, the asset is trading down—mostly thanks to wider macroeconomic uncertainties stemming from the new commander in chief's dramatic and unpredictable policies. Bitcoin was priced at a little over $84,000 per coin as of late Friday evening after dipping nearly 4% over a seven-day period, CoinGecko shows. But despite dipping more than 20% from its record high in January, the slump could be brief, analysts told Decrypt. Thanks...