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.
$118,878.00
0.64%$3,729.11
4.07%$3.22
1.45%$779.26
1.16%$187.92
-0.16%$0.999884
-0.00%$0.23871
-1.13%$3,720.73
4.29%$0.314329
1.52%$0.818378
1.47%$118,945.00
0.77%$4,509.08
4.46%$42.85
-1.56%$0.432433
3.13%$3.83
3.73%$18.33
1.94%$3,999.82
4.07%$3,996.61
4.35%$0.243783
-0.45%$516.37
1.11%$24.03
0.85%$113.31
0.96%$8.98
0.24%$3,726.50
4.16%$0.00001382
-0.24%$3.17
0.25%$0.999848
-0.02%$1.001
-0.03%$1.001
0.11%$44.48
1.41%$118,868.00
0.35%$10.42
3.80%$4.07
-1.67%$328.03
3.35%$0.00001272
-0.41%$4.63
-0.43%$292.54
0.92%$0.126555
6.95%$427.73
0.89%$1.19
0.06%$22.72
1.42%$2.77
0.93%$0.443921
-1.84%$1.051
3.20%$0.492334
5.61%$4.72
-2.81%$228.83
-0.22%$5.58
0.51%$48.60
0.37%$0.101334
-2.18%$0.0000337
4.69%$0.753098
-5.90%$0.03907088
-2.79%$1.00
0.00%$0.266887
0.40%$0.437977
1.36%$3,736.66
4.39%$1.001
0.05%$0.02528647
-0.21%$4.70
0.55%$4.15
-0.35%$0.233528
0.92%$17.62
0.07%$1.16
-1.87%$10.07
0.30%$4.50
-0.17%$0.737241
0.08%$0.326073
-0.59%$200.18
-0.29%$0.085812
0.77%$2.63
-0.20%$1.06
0.01%$121.85
0.82%$4,246.64
4.21%$1.87
0.71%$118,769.00
0.76%$0.02394562
2.39%$3,904.10
4.22%$0.550646
-3.41%$5.10
0.27%$5.27
6.53%$12.11
0.43%$0.999811
-0.04%$3,918.00
4.12%$0.998051
-0.05%$1.40
-7.83%$0.084938
-3.32%$3,986.32
3.92%$1.001
0.15%$0.985039
6.44%$1.88
-3.70%$4,028.22
3.96%$13.81
0.36%$1.32
0.26%$1.00
-0.00%$0.800812
1.58%$3,921.83
4.12%$0.713732
1.78%$0.00012885
-1.70%$118,429.00
0.29%$211.37
-0.02%$0.336696
-1.29%$1.071
-7.06%$0.557751
-2.51%$779.53
1.29%$0.104427
1.86%$1.57
-7.87%$0.00287879
-19.97%$1.001
0.12%$1.10
2.22%$0.166005
0.66%$29.32
5.73%$0.365728
-7.66%$3,375.27
-0.57%$118,746.00
0.75%$246.12
-0.51%$0.890236
0.21%$119,717.00
1.97%$2.67
-1.64%$0.58179
-2.75%$0.178928
4.34%$1.11
0.06%$0.878307
-2.28%$10.72
-3.09%$0.999459
-0.00%$0.01727436
-3.03%$3.11
2.18%$3,364.63
-0.74%$3,728.86
4.08%$0.203814
-2.23%$0.01753871
-2.27%$3,725.58
4.60%$3,981.38
3.57%$3,900.33
1.79%$0.900365
0.96%$0.302052
-0.22%$4.42
1.18%$0.126394
-3.10%$2.02
1.18%$111.91
0.01%$1.095
1.05%$0.999105
0.06%$0.00000068
-1.77%$118,981.00
0.82%$1.00
0.02%$40.60
-1.87%$0.410871
-0.70%$0.393252
-12.29%$3.45
1.12%$3,728.36
4.33%$1.95
4.99%$0.443872
0.70%$0.238882
-1.09%$0.315201
-0.91%$0.0087316
0.61%$0.00644059
3.32%$0.0000015
-1.45%$0.581886
7.23%$0.99775
-0.01%$3,962.02
4.37%$0.56787
0.10%$118,849.00
0.42%$28.47
-0.31%$0.999998
0.01%$0.055607
-3.16%$0.01591789
-4.83%$3,726.51
4.50%$4,109.88
4.31%$1.00
-0.00%$0.500676
7.31%$0.074012
1.08%$0.653974
-5.32%$0.0088211
0.95%$1.47
-3.35%$118,475.00
0.41%$42.79
-1.67%$0.998115
-0.04%$4,013.98
2.54%$0.409903
-0.44%$7.42
-0.03%$1.14
-0.38%$1.16
-0.01%$0.627666
-0.12%$0.130603
-1.23%$6.65
-0.28%$16.45
-2.01%$0.184369
4.35%$48.89
-2.19%$0.00000046
1.52%$4,510.59
4.15%$0.00002246
-0.33%$3,714.13
3.37%$0.978764
2.13%$0.403285
-1.57%$3,730.20
4.14%$0.204909
-4.85%$2.58
-0.77%$0.00817437
2.25%$1.33
-0.15%$0.999905
0.00%$5.08
11.94%$7.26
1.15%$10.76
0.01%$0.999215
0.10%$1.013
1.40%$1.094
-0.05%$0.04216408
-0.40%$0.056026
0.56%$13.66
1.98%$0.399043
9.13%$42.76
-1.13%$205.89
0.56%$0.999886
-0.01%$0.582493
-2.73%$24.05
0.76%$0.278241
-2.03%$0.082172
-2.15%$145.03
1.30%$0.00377516
6.40%$1.37
0.29%$0.571243
1.62%$29.23
0.82%$0.382758
-6.25%$0.03728908
0.45%$0.141064
-14.68%$22.10
0.87%$0.799105
1.25%$0.01883648
2.06%$0.00418097
7.63%$0.03374727
3.88%$118,129.00
1.38%$0.772398
-0.34%$0.00006271
-0.53%$0.00508913
1.41%$118,803.00
0.60%$0.233278
0.92%$0.800165
0.68%$0.00000079
7.41%$0.00391242
-0.99%$1.36
-7.81%$3,912.50
4.36%$4,198.59
3.93%$0.318672
9.96%$0.999749
0.00%$0.782622
0.56%$0.998029
-0.05%$212.70
-0.26%$1.001
0.10%Reading
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.
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