Disclaimer
The views and opinions expressed by the author are for informational purposes only and do not constitute financial, investment, or other advice.
$96,507.00
-2.23%$3,337.37
-5.60%$2.23
-5.21%$660.12
-4.42%$183.03
-8.32%$0.314752
-8.85%$0.999084
-0.15%$3,331.53
-5.72%$0.89109
-9.19%$0.245023
-3.51%$37.52
-10.29%$3,953.63
-5.65%$22.06
-10.35%$5.32
-5.48%$4.47
-6.74%$96,175.00
-2.26%$0.0000215
-9.27%$33.72
-2.48%$0.354897
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-9.34%$0.252427
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-5.62%$452.05
-3.46%$9.29
-0.71%$13.55
-7.07%$99.80
-4.77%$0.00001737
-9.53%$3,518.49
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-0.50%$10.01
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-8.27%$25.97
-8.02%$1.14
-13.50%$0.04540908
-9.88%$7.10
-10.63%$191.28
0.74%$24.28
-1.02%$3.63
-7.22%$457.11
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-10.76%$1.03
-13.60%$4.91
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-10.32%$1.64
-11.58%$2.43
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-12.39%$0.00003086
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5.55%$0.03269663
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-9.18%$187.05
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-8.84%$0.0000011
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-13.80%$228.59
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-8.23%$33.94
-10.45%$0.475123
-8.18%$95,728.00
-1.90%$0.470633
-10.02%$95,934.00
-2.42%$3,333.86
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-23.27%$195.99
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-5.62%$2.37
-9.30%$1.87
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-8.15%$263.07
-5.17%$1.50
-13.31%$0.721855
-2.79%$1.98
-10.03%$20.91
-9.34%$96,107.00
-2.52%$0.00660601
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0.05%$0.994783
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-12.60%$0.170124
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-5.45%$0.0001074
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-9.95%$10.19
11.52%$0.0082411
-10.18%$0.00
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0.13%$3,341.02
-5.49%$1.019
-0.06%$26.28
-7.83%$17.92
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0.61%$0.00611429
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-10.20%$0.077848
0.33%$0.256147
-10.54%$0.381328
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-0.09%$96,653.00
-2.15%$10.20
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-25.03%$2,621.68
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-1.94%$1.21
-8.66%$3,330.28
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-6.87%$0.999165
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-5.46%$0.01060324
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-11.20%$0.420937
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-2.22%$1.069
-0.04%$0.059826
-8.40%$3,584.18
-5.59%$0.064082
-6.82%$3,464.71
-5.71%$0.00620633
-9.40%$35.38
-12.15%$0.0023523
-11.29%$26.40
-4.96%$0.00098223
-11.23%$0.275572
-5.42%$0.00527787
-12.59%$1.95
-13.33%$1.002
0.22%$1.08
0.12%$5.17
-1.92%$0.02075953
-9.68%$88.36
-1.69%$3.06
-10.23%$0.999558
-0.14%$0.218385
-10.13%$0.00000308
-10.99%$0.45359
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-13.10%$0.2033
-10.64%$3,697.43
-5.49%$0.03751625
-5.55%$2.95
-9.16%$1.002
0.12%$0.658784
-7.70%$0.00000017
-9.30%$0.86639
-7.52%$3.28
-9.87%$3,335.06
-5.66%$0.0350869
-8.76%$0.01034645
-9.34%$0.348067
-8.72%$2.25
-16.23%$0.132284
-12.42%$3,525.89
-5.51%$0.346382
-16.09%$44.17
-10.14%$1,941.91
-1.95%$26k! Bitcoin's got a new all-time high, even higher than this afternoon's all-time high, this morning's, yesterday's and those broadcast in our countless other 'all-time high' articles over the past few months, each of which Decrypt, perhaps out of cynicism, thought could last us for a long time. But on and on Bitcoin goes, ever upward, with poise.
Today, Bitcoin hit $26,557, according to data from metrics site CoinMarketCap. After it limped to $25,000 at the start of the day (UTC), Bitcoin jumped from $24,923 at 2 pm to $25,196 and then spent the rest of the afternoon marching slowly to $26,000. In a burst of energy, traders at about 8:30 pm shunted the price up from $25,948 to $26,557, Bitcoin's new all-time high.
Bitcoin's price is still $26,503, as of this writing. That marks an 8.43% increase in the past 24 hours.
Bitcoin's market cap is currently $490 billion. As Decrypt reported earlier today, Bitcoin has surpassed both Visa and Mastercard in terms of market capitalization.
Why Bitcoin rose to the next $1,000 bracket this evening is anyone's guess. But in recent months, the general consensus is that institutional investors have bought up huge swathes of Bitcoin. MicroStrategy has bought about $1 billion in Bitcoin, MassMutual another $100 million, and SkyBridge Capital $25 million.
Disclaimer
The views and opinions expressed by the author are for informational purposes only and do not constitute financial, investment, or other advice.