$64,313.00
1.42%$3,097.98
1.13%$6.76
-0.12%$559.78
1.72%$144.81
2.78%$0.999897
-0.10%$3,096.98
1.19%$0.508687
1.43%$0.155248
1.96%$6.18
-5.32%$0.473418
3.69%$0.00002299
0.86%$35.25
1.16%$64,293.00
2.13%$0.110507
1.17%$483.13
-0.23%$14.07
1.65%$14.16
11.35%$0.679691
0.37%$81.65
0.69%$5.66
-0.25%$7.57
4.15%$5.80
-0.90%$9.54
0.75%$26.40
0.73%$1.16
-0.60%$2.48
1.34%$0.998438
-0.13%$6.22
3.88%$55.67
0.36%$0.124985
1.91%$0.112343
1.64%$8.23
0.13%$3,121.69
0.94%$8.05
2.14%$1.14
-0.02%$2.06
2.38%$2.99
16.50%$0.0409338
2.85%$443.84
-4.44%$0.081618
-0.86%$2,966.62
-2.62%$0.114226
-3.92%$28.23
1.43%$0.261342
2.42%$2.27
2.03%$0.998866
-0.25%$3,209.50
1.11%$2.14
5.02%$0.00000518
1.72%$118.30
1.33%$2.10
0.96%$0.702118
2.40%$10.79
8.31%$5.46
11.74%$27.78
10.30%$2.01
0.28%$3,423.54
1.30%$2.00
-4.04%$1.34
7.68%$1.24
-1.18%$0.04478089
1.68%$0.559917
6.25%$106.28
-1.88%$3,175.17
1.24%$0.0274514
4.64%$0.177033
1.46%$1.065
4.57%$0.981042
7.45%$9.68
3.07%$0.00014095
1.97%$0.887246
1.28%$66.42
-1.15%$18.53
-0.50%$86.62
1.48%$0.03196467
-1.44%$0.00000126
-0.87%$3,095.94
1.02%$2.30
3.57%$0.880929
4.59%$14.13
2.03%$41.45
1.69%$0.765822
-0.60%$0.601641
1.66%$0.02093924
1.94%$0.00005131
-0.39%$7.02
-0.72%$0.447192
1.62%$3.20
2.70%$0.00001505
2.02%$2.99
4.77%$0.110201
1.69%$0.992997
1.62%$1.002
-12.68%$45.56
5.45%$5.00
-0.24%$0.235708
2.35%$0.608707
-0.09%$16.10
0.99%$6.82
0.51%$349.64
3.32%$3.90
-2.61%$0.78472
2.86%$1.23
-1.06%$0.01849335
0.11%$170.57
2.21%$0.02002998
-0.11%$0.807786
2.44%$8.92
4.19%$0.438017
1.14%$1.24
-1.10%$3,131.74
1.35%$1.20
-0.38%$13.02
4.58%$0.229085
2.71%$19.73
3.64%$0.675811
0.92%$2.30
3.56%$0.978452
0.02%$2.81
1.50%$1.69
-1.01%$1.22
0.38%$3,085.07
0.90%$0.18831
1.18%$0.099709
4.96%$4.06
9.86%$170.14
2.92%$0.60477
-5.34%$3,251.46
1.07%$0.997065
-0.15%$3.94
-2.94%$35.79
0.41%$0.00179369
2.90%$96.39
4.11%$0.394777
0.79%$0.928858
0.93%$0.00010148
0.61%$2,393.62
0.47%$0.719346
6.71%$0.104354
4.47%$0.00000028
5.07%$3,297.86
1.09%$0.0104037
11.93%$0.0877
0.99%$5.79
-1.93%$0.299237
3.94%$0.053242
0.53%$1.78
-0.28%$0.03957771
1.76%$0.889039
2.54%$5.36
-0.63%$1.47
-0.99%$0.437645
1.02%$0.061144
-3.02%$0.054766
2.21%$1.00
-0.02%$3,343.75
0.94%$0.394125
4.33%$0.419346
2.68%$0.336218
3.01%$0.093016
1.44%$0.00539028
-7.31%$0.458956
1.92%$1.13
4.23%$0.679105
9.08%$0.04670157
3.03%$1.029
5.53%$0.239108
0.17%$0.02519906
3.45%$1.82
-0.52%$0.00000046
1.45%$0.528015
4.52%$21.59
5.56%$2,397.45
0.38%$56.12
3.60%$14.02
3.87%$0.0262688
1.34%$4.01
5.33%$0.806924
0.38%$3.66
14.52%$0.03426334
18.33%$4.08
0.90%$0.03089926
2.67%$0.612493
0.38%$3.64
1.93%$0.00234163
3.43%$13.02
-3.41%$1.58
3.14%$0.00735138
-0.79%$1,292.63
1.09%$0.565007
1.34%$0.00703007
0.13%$5.03
1.14%$3.71
9.17%$4.28
26.16%$0.515581
0.17%$0.830652
1.31%$55.46
2.80%$3,175.99
1.16%$0.925493
-0.92%$0.374019
1.21%$0.249905
2.16%$0.03094496
0.80%$1.74
3.43%$0.739888
-3.96%$5.46
2.78%$62.69
6.12%$4.23
7.72%$29.94
2.73%$21.24
2.43%$0.03764079
4.17%$22.46
1.97%$3.48
2.89%$62.30
1.32%$0.367019
9.83%$0.767048
5.05%$0.03412203
1.91%$0.424866
4.36%$8.15
0.26%$0.120044
10.11%$30.12
24.01%$0.256265
1.58%$0.916604
-0.41%$30.61
0.88%$0.00598192
-0.40%$1.24
1.32%$0.0327742
0.80%$31.55
0.95%$28.95
-1.15%$2.40
3.48%$0.872433
4.89%$0.420712
4.76%$0.27203
-2.44%$38.24
5.03%$0.312556
2.54%$0.00355881
3.27%$0.738821
-4.46%$0.160993
-1.01%$25.51
0.61%$40.04
1.00%$3.65
-2.02%$0.00000034
-0.95%$62.97
0.91%$1.77
8.53%$14.31
-0.67%$0.02061464
2.90%$0.285377
3.52%$0.00
-1.35%
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.
