$59,985.00
0.07%$2,413.20
-0.46%$552.77
-0.42%$136.88
-1.11%$0.999916
-0.03%$0.592035
3.73%$2,412.64
-0.62%$0.105402
-1.81%$5.68
-2.25%$0.14763
-0.88%$0.353654
-1.67%$25.36
2.44%$2,841.74
-0.59%$59,932.00
0.16%$0.00001373
-1.55%$2,412.49
-0.37%$11.33
-0.95%$328.32
-1.79%$4.42
-0.02%$5.69
-0.28%$6.67
-3.29%$65.90
2.11%$4.19
-1.53%$0.174893
3.56%$8.62
0.85%$2,526.87
-1.10%$1.38
-0.02%$0.00000776
-1.69%$169.20
-0.85%$6.06
-3.48%$0.40485
-4.62%$0.096977
0.65%$18.59
-0.66%$1.022
-0.22%$0.999043
-0.01%$0.999553
-0.22%$1.61
-1.96%$39.54
-1.56%$320.98
2.32%$0.081903
-0.72%$3.66
-1.94%$1.32
0.32%$140.51
-1.54%$5.25
0.22%$19.56
1.95%$0.051486
-1.67%$0.579229
0.98%$0.53112
-0.22%$1.56
1.44%$0.02232056
-1.36%$4.22
-0.08%$10.97
0.17%$1.57
-2.92%$1,593.19
-2.47%$2,413.73
-0.41%$0.148646
0.45%$4.00
-3.06%$2,690.50
-0.93%$0.472283
-4.57%$0.943492
-1.22%$20.00
-0.36%$1.30
1.44%$0.403305
-4.73%$59,961.00
-0.44%$7.25
-7.00%$2,515.85
-0.38%$0.00012595
-2.23%$0.00001716
-2.06%$74.60
-2.67%$0.131163
-1.19%$0.292147
-0.73%$0.770496
-0.92%$7.97
-1.65%$0.02055376
-1.09%$0.298395
-1.66%$8.20
0.13%$4.57
4.74%$48.73
0.43%$1.10
-2.85%$0.643808
-0.44%$1.033
-2.94%$2,454.14
0.23%$2,407.19
-0.27%$0.562898
0.52%$0.943009
-0.71%$0.00000087
-0.38%$2,411.90
-0.32%$2.54
-0.67%$0.081455
-1.48%$0.00775235
-1.92%$0.13434
-0.50%$1.00
0.06%$0.498691
-1.10%$0.0151662
0.85%$0.997753
0.39%$0.01424258
-1.96%$9.09
0.73%$26.42
-1.09%$4.75
-1.24%$0.398761
-2.42%$0.722377
-2.52%$0.01824389
-0.46%$33.01
0.18%$166.67
-1.02%$9.65
-1.15%$1.51
-0.53%$0.00000031
-3.32%$0.648863
-1.25%$0.997304
-0.07%$0.0144475
8.28%$2,576.69
-0.08%$0.00003198
-0.79%$0.140607
-2.78%$59,895.00
0.27%$2.50
-1.06%$2,481.78
-0.29%$0.254054
-2.50%$0.919646
-1.14%$17.50
-2.35%$0.00107516
-0.26%$0.98825
-1.30%$2,412.70
-0.44%$0.207167
-2.17%$1.52
-3.55%$3.33
-3.26%$0.274802
-1.80%$0.00008904
4.78%$0.438156
-0.87%$2,604.28
-0.39%$0.743286
-0.38%$0.999247
0.00%$2,577.62
0.00%$0.053403
-1.05%$1.77
-2.10%$1.44
-0.28%$30.81
0.94%$8.01
-0.20%$0.403436
-1.23%$2,412.90
-0.34%$2,407.12
0.44%$0.061169
2.68%$0.00635227
-2.11%$0.12787
-2.40%$3.86
-1.57%$12.52
-1.99%$142.11
-1.00%$0.114963
-2.24%$0.220908
-0.41%$1.00
0.01%$0.679935
-2.95%$0.061976
4.28%$0.061831
3.62%$8.89
9.11%$0.00000041
-5.05%$1.007
-0.46%$0.521328
-0.58%$1.52
-0.81%$153.69
0.76%$22.70
2.21%$0.02665131
0.58%$0.00439421
-8.10%$44.76
1.12%$0.929845
-0.94%$0.789847
1.57%$3.89
-0.11%$0.00000103
-6.21%$1.001
-0.28%$0.894861
-0.96%$2,412.46
-0.44%$2,413.41
-0.39%$0.800916
-0.83%$0.054172
-0.51%$1.083
3.20%$2,680.98
0.04%$0.34626
1.30%$0.722664
-2.66%$0.312371
-1.67%$0.179612
-3.61%$0.135861
-0.63%$0.262176
-1.66%$0.03531811
-0.38%$2,572.08
-0.40%$0.274983
-2.00%$59,856.00
-0.06%$0.172324
-0.37%$19.94
0.27%$0.00602311
2.26%$0.593096
-2.61%$0.00379269
-1.54%$60,103.00
0.08%$0.347463
-1.07%$0.00087677
3.48%$0.059355
1.02%$2.33
-1.99%$2,542.46
0.04%$1.45
-1.13%$0.424956
6.78%$24.38
0.43%$0.00162451
-1.58%$0.421036
1.61%$0.280894
-1.15%$0.02804851
-0.67%$0.00401813
0.57%$2.35
-0.26%$1.057
-2.40%$1.90
-1.25%$0.280113
-5.16%$40.02
-0.19%$0.373644
-0.82%$76.65
0.01%$0.01006937
0.13%$0.6953
-1.22%$0.03598819
-0.58%$0.172587
-1.35%$0.01362617
-1.43%$0.02537896
-1.06%$2.00
-2.52%$0.146624
-0.90%$1,203.95
0.08%$0.00430381
-1.89%$0.294045
-1.73%$0.01730089
-1.14%$0.226017
-1.08%$0.09986
-2.52%$0.444069
0.29%$15.06
1.30%$59,960.00
0.09%$2.29
-0.51%$0.136294
-4.93%$0.02446882
3.15%$6.00
-0.64%$1.36
-2.08%$0.00236926
-1.09%$24.03
-2.11%$1.001
0.02%$0.056328
4.68%$107.98
0.03%$0.02148967
-1.11%$0.549793
0.51%$0.00003279
-2.74%$0.627144
4.97%$3.34
-0.42%$2,578.26
-0.06%$1.00
-0.00%$0.116543
-1.81%$0.0217008
-0.60%$10.24
-1.34%$29.43
1.95%
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.
