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.
$84,361.00
-0.32%$1,620.53
0.41%$2.13
-0.54%$588.33
-0.84%$132.13
1.95%$0.999895
-0.00%$0.164881
0.02%$0.255903
3.40%$0.640784
-0.90%$1,619.20
0.41%$84,248.00
-0.39%$9.39
0.28%$19.85
-0.69%$12.67
-1.99%$0.24022
-0.59%$2.26
-3.87%$0.00001219
-1.09%$0.999922
0.00%$0.167916
-2.07%$2.83
-3.07%$1,945.25
0.63%$342.92
1.39%$78.00
-0.03%$3.69
1.05%$15.85
-2.65%$0.999568
-0.04%$4.26
-3.05%$0.747945
1.12%$0.998678
-0.03%$1,622.37
0.66%$27.85
0.45%$207.41
-0.46%$1,724.56
0.45%$5.40
0.19%$52.97
-2.85%$0.00000742
1.70%$84,301.00
-0.35%$4.89
-0.81%$22.39
-0.89%$0.869387
-2.27%$33.59
-0.22%$2.11
-2.54%$1.048
0.10%$1.00
0.00%$5.00
-2.52%$0.085758
-3.17%$15.39
1.20%$0.691188
-2.19%$1.16
0.03%$140.91
-1.89%$243.29
-3.88%$3.88
-1.69%$0.022761
-1.09%$0.073636
-2.25%$4.13
-2.79%$84,257.00
-0.35%$4.04
-0.15%$0.997996
0.06%$0.307097
-6.69%$8.32
-3.45%$2.53
1.07%$0.187858
0.80%$0.498279
-2.98%$0.182956
-3.13%$2.47
-3.48%$0.300572
-1.37%$3.80
0.81%$84,254.00
-0.06%$10.36
0.30%$0.488152
2.29%$0.078651
2.04%$1,378.36
0.60%$0.01786706
16.52%$0.66966
-1.86%$0.387489
-2.55%$138.04
1.90%$3.93
-6.81%$0.999036
-0.08%$1.021
-1.35%$0.00001317
-2.02%$1,620.57
0.28%$66.68
-0.97%$0.620632
-6.31%$0.748896
-2.27%$0.612233
-4.07%$1,687.89
0.64%$0.174082
-1.83%$0.999987
-0.03%$14.81
-1.37%$0.835934
-2.22%$0.999632
-0.00%$0.999727
-0.00%$3,245.80
0.12%$8.10
-1.50%$1,828.07
0.50%$0.593698
-5.78%$84,605.00
0.91%$0.078728
-2.88%$0.773871
-87.68%$0.416119
-2.95%$0.301147
-8.14%$0.01524678
-8.43%$588.42
-0.84%$3,251.76
0.12%$0.997796
0.00%$0.706782
-5.14%$84,131.00
-0.48%$0.02011095
4.72%$3.68
0.77%$0.734611
-0.62%$0.268178
1.62%$0.01471925
-0.66%$1,721.08
0.24%$145.11
1.97%$0.99883
-0.07%$0.00000063
-4.31%$169.93
2.25%$0.162142
-2.55%$2.02
4.11%$0.09961
-3.70%$0.460273
-7.38%$0.00005843
0.60%$28.35
-1.65%$1.89
-3.40%$0.353669
-0.84%$0.291772
9.89%$1.72
-2.19%$33.16
-2.76%$0.999622
-0.02%$0.499979
-6.88%$0.516755
0.28%$3.14
-6.99%$1,695.64
0.75%$0.996758
-0.03%$0.524718
-3.88%$14.49
-0.14%$0.132556
-1.88%$0.999892
-0.00%$0.068005
-1.04%$80,398.00
-3.14%$0.999892
-0.00%$0.419344
-3.50%$0.45157
-0.26%$0.00481656
-1.40%$1.098
-0.53%$1.58
-6.86%$4.01
-3.25%$85,818.00
1.43%$84,261.00
-0.20%$0.557297
-2.07%$0.00000043
2.00%$0.164652
-0.22%$0.00726343
-4.82%$1.94
2.02%$0.99903
-0.31%$1.08
0.00%$1.15
-0.96%$1,691.46
0.39%$13.99
-2.26%$110.66
0.00%$1,721.65
0.34%$0.00001952
-1.20%$84,176.00
-0.29%$0.999348
-0.05%$22.73
0.63%$5.26
-2.25%$2.31
-2.31%$0.125512
-3.77%$40.58
-1.61%$0.03769552
-4.46%$0.549686
-6.59%$0.069436
-4.71%$77,106.00
0.00%$0.438209
-2.40%$1,618.79
0.33%$1,619.53
0.29%$1.00
0.03%$0.996124
-0.62%$5.31
-5.87%$0.424971
-2.12%$1,618.75
0.19%$0.07157
-6.18%$0.03269367
11.04%$1.001
-0.42%$0.521444
-5.30%$0.276008
-4.90%$0.00005913
-0.85%$0.771218
-1.96%$3.98
-2.17%$0.999496
-0.03%$0.183362
-2.90%$0.999558
0.02%$0.00498594
-10.64%$0.743471
-5.15%$0.0059331
-4.41%$0.03122462
1.79%$0.116933
-9.15%$0.00000151
-3.35%$0.13309
2.32%$0.152434
-3.43%$0.00360094
-3.69%$1,650.74
1.37%$1,621.16
0.70%$0.999961
-0.02%$112.07
3.28%$0.307412
-3.53%$0.138149
-2.13%$84,235.00
-0.34%$3,231.26
-0.14%$2.43
-3.63%$1.081
-4.41%$84,085.00
-0.37%$0.262991
-3.35%$0.572757
-0.21%$1,604.96
0.46%$2.72
0.26%$0.207952
-5.30%$0.566152
-3.98%$20.74
-0.51%$0.249564
-1.66%$0.435217
-2.09%$0.999362
-0.01%$0.489328
-0.44%$1,618.50
0.27%$22.12
-0.68%$0.171012
-2.04%$0.02779279
-4.58%$1,711.26
0.43%$19.83
-0.81%$0.978113
-3.48%$1,692.87
-0.52%$0.03239032
-3.29%$0.998235
-0.02%$2.83
4.57%$0.096218
-3.42%$13.45
-1.77%$1,774.02
0.37%$0.00245507
0.11%$0.01102619
-1.75%$0.633597
-2.48%$1,762.31
0.36%$84,349.00
-0.23%$0.9996
-0.01%$0.00035082
-6.59%$12.38
-1.67%$1.96
-3.32%$0.00275533
-2.78%$1,617.96
0.40%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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