It's over $13,000! pic.twitter.com/JxgizGQ78W
— Samson Mow (@Excellion) October 25, 2020

Disclaimer
The views and opinions expressed by the author are for informational purposes only and do not constitute financial, investment, or other advice.
$84,296.00
-0.01%$1,913.21
-1.22%$2.33
-3.74%$605.97
0.44%$130.16
-3.55%$0.999838
-0.01%$0.7111
-5.03%$0.170597
-3.45%$0.217088
-2.55%$1,906.10
-1.50%$83,912.00
-0.29%$1.41
-3.06%$9.82
0.84%$13.69
-2.50%$3.44
-0.49%$0.999957
0.02%$0.268333
-2.55%$2,284.01
-1.34%$0.189466
-1.61%$0.00001332
4.52%$18.76
1.28%$2.28
-3.79%$90.20
-2.61%$6.74
2.55%$332.70
-2.35%$4.29
-1.95%$0.998626
-0.10%$1,908.20
-1.54%$4.43
0.28%$0.99885
-0.29%$13.41
-8.70%$28.86
0.10%$2,025.21
-1.50%$210.85
0.29%$6.13
0.00%$1.043
-0.06%$5.23
-1.98%$2.56
-3.10%$0.00000679
-5.65%$47.24
1.82%$0.816892
9.60%$5.68
-1.63%$0.841412
-3.77%$17.65
-1.95%$21.45
-0.38%$83,551.00
-0.94%$167.61
-3.68%$30.20
2.93%$11.56
-5.33%$0.080798
-4.52%$249.48
-4.10%$0.02465663
-1.71%$1.00
0.16%$4.70
2.77%$0.07693
-5.10%$0.362133
-2.08%$3.51
-3.70%$2.88
-2.16%$0.214375
-0.65%$4.01
0.60%$83,419.00
-1.15%$3.16
-2.37%$0.191769
-4.49%$0.50185
-6.21%$0.353744
-2.79%$0.994793
-0.52%$5.55
-3.59%$0.509991
-4.23%$0.84202
-3.74%$11.10
-0.62%$0.523694
0.05%$83,626.00
-0.81%$1.00
0.00%$79.07
1.58%$1,908.71
-1.61%$1,987.72
-1.17%$0.451074
-2.55%$1.074
-0.74%$0.067368
-1.31%$0.863168
-1.81%$1,184.91
0.24%$17.45
0.61%$0.203034
-1.25%$0.556691
-2.20%$0.997746
0.01%$0.636863
-2.59%$9.84
-3.82%$2,139.12
-1.60%$0.0151781
-4.71%$135.51
-3.47%$0.093485
-2.50%$0.882839
-1.39%$0.993993
-0.61%$0.929673
-2.81%$83,126.00
-1.44%$0.00001071
-3.33%$0.999896
0.02%$2,012.11
-1.94%$0.998405
-0.30%$0.486408
-2.86%$2,983.03
-0.49%$0.01680639
0.05%$603.54
-0.14%$0.694675
-2.00%$6.41
2.63%$0.997443
-0.29%$0.281355
-0.71%$0.00000069
-0.84%$83,633.00
-0.64%$34.10
-0.47%$0.01381674
-3.31%$0.180042
-1.67%$2.17
-1.26%$0.407141
-0.93%$0.108839
-2.08%$2,997.36
0.30%$164.63
-4.25%$0.999753
-0.04%$1,980.61
-1.64%$0.00006121
-2.48%$3.23
8.86%$7.98
-1.31%$16.56
-3.82%$0.419958
1.44%$1.00
-0.01%$0.149057
-1.91%$1.81
1.60%$33.65
5.10%$142.00
-3.61%$0.99929
0.03%$0.48555
5.26%$0.075064
-1.32%$3.24
-0.07%$18.13
-0.67%$0.00546873
-3.40%$0.182134
-1.60%$0.266832
-1.40%$1.001
0.19%$0.785339
-2.24%$0.744212
1.79%$0.479436
-4.54%$0.627357
-0.61%$1.64
-2.93%$81,758.00
-1.13%$2,020.99
-1.63%$1,901.41
-1.81%$0.993069
-0.71%$0.17028
-3.70%$83,177.00
-1.21%$0.04545179
1.29%$0.01291896
-2.82%$84,329.00
-2.12%$6.47
-2.08%$0.00673392
-0.39%$0.00002122
-0.39%$0.083896
-0.91%$0.524518
-2.63%$0.00000042
-1.90%$1,904.73
-1.66%$0.512564
-2.87%$110.33
0.00%$1.16
-1.15%$1.004
0.33%$0.405097
-1.04%$1.066
0.00%$5.71
1.58%$83,643.00
-0.26%$1.091
-0.09%$1.39
-6.67%$0.214934
-0.79%$0.402375
-2.80%$0.402343
-2.10%$41.79
-2.53%$1,888.24
-2.31%$21.68
-1.25%$0.998486
-0.01%$0.00419047
-0.64%$83,236.00
-1.09%$0.840368
-3.90%$2.15
-0.70%$0.00006356
0.17%$0.343201
3.78%$1,913.98
-2.38%$1,990.41
-1.32%$1.41
-4.14%$0.293658
8.06%$0.999288
0.14%$1.33
-2.38%$0.00625994
-1.82%$0.03330672
-1.02%$124.90
-1.48%$1.002
0.10%$0.261687
-1.19%$0.00559974
-3.70%$3.96
0.10%$1.29
-1.91%$1,867.33
-2.58%$0.149728
0.43%$0.02968243
-1.67%$0.286751
-2.24%$1,897.76
-1.96%$0.83145
-1.06%$23.00
-0.29%$2,072.84
-1.98%$0.202727
0.44%$0.03559596
-4.75%$0.638784
3.79%$1.13
-2.92%$2,018.05
-1.18%$16.63
-0.82%$83,533.00
-0.72%$2.79
1.57%$0.529814
-3.02%$0.03830102
-0.00%$0.070491
-2.87%$1,697.26
0.27%$83,940.00
-0.36%$0.999795
0.02%$0.00000012
-0.46%$2.31
1.64%$0.08775
-5.01%$0.999619
-0.10%$0.00247032
-6.23%$2,065.02
-1.61%$2,984.73
-0.02%$1.17
0.90%$0.587624
-4.40%$1,898.79
-1.56%$138.81
-3.73%$0.982597
-1.74%$0.0121602
-1.16%$0.03128828
-1.45%$0.105395
-1.42%$0.844575
1.80%$0.0031193
-9.91%$0.092471
-8.70%$0.207878
5.68%$4.11
9.21%$35.37
37.54%$2.17
-0.68%$1,898.46
-2.01%$0.410973
-2.94%$0.226614
-5.71%$0.626732
-0.80%$0.00490501
-0.97%$0.14784
-1.19%$0.00251849
0.53%$2.18
0.23%Bitcoin's price today hit highs of $13,329, according to metrics site CoinMarketCap. That's Bitcoin's highest price since last summer.
Here's the play-by-play: At 3:30 am UTC, Bitcoin's price rose from $13,133 to hights of $13,329. The high lasted just two hours: at 5:44 am, Bitcoin's price sunk like a stone to $12,996. Its current price is $12,961.
The last time Bitcoin's price was this high was on June 26, 2019. Then, it peaked, ever so briefly, at $13,793, according to CoinMarketCap data.
Bitcoin maximalists' victory today follows a particularly strong month for the largest cryptocurrency by market cap.
On October 6, Bitcoin’s price was around $10,600. But the price increased sharply this month to its peak today of $13,329. That’s an increase of about 25%.
It's over $13,000! pic.twitter.com/JxgizGQ78W
— Samson Mow (@Excellion) October 25, 2020
Bitcoin's price has thus more than tripled since that fateful day in the middle of March, when it momentarily crashed to just below $4,000 amid the market uncertainty caused by the coronavirus pandemic.
Its rise may be related to this summer's decentralized finance boom, when investors poured billions into non-custodial exchanges and lending protocols.
Most of this takes place on Ethereum, and the main way that Bitcoiners can get involved is to exchanges Bitcoin for Ethereum-based representations of Ethereum.
That took off: synthetic Bitcoin now comprises 4% of Ethereum's market capitalization, per a dashboard on metrics site Dune Analytics.
Disclaimer
The views and opinions expressed by the author are for informational purposes only and do not constitute financial, investment, or other advice.