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The views and opinions expressed by the author are for informational purposes only and do not constitute financial, investment, or other advice.
$63,726.00
-2.27%$3,052.80
-1.88%$6.76
-0.77%$556.56
-1.30%$141.69
-2.14%$1.00
0.00%$0.518119
3.20%$3,051.79
-1.97%$0.152072
-0.53%$6.15
-14.41%$0.479202
1.92%$0.00002304
-0.35%$35.11
-1.14%$63,789.00
-2.10%$0.109574
0.20%$485.69
0.64%$14.22
2.70%$14.38
5.64%$0.684058
0.27%$82.58
1.34%$5.69
0.19%$7.50
-1.23%$5.74
-2.12%$9.60
0.09%$26.43
0.42%$1.15
-1.18%$1.002
0.19%$2.46
-1.25%$6.19
-0.20%$55.29
-0.10%$0.123719
-1.82%$0.113567
0.85%$8.33
0.45%$8.11
-1.18%$3,080.56
-1.85%$1.14
-1.54%$0.04092733
-0.65%$2.03
-2.07%$441.80
-6.56%$0.081275
-3.09%$3,040.34
0.87%$2.75
-6.44%$0.115596
-0.95%$0.271032
3.36%$27.65
-1.74%$2.30
1.13%$1.001
-0.45%$2.21
1.92%$3,160.48
-2.12%$0.00000512
-3.34%$117.91
1.97%$2.10
0.37%$11.54
6.07%$0.703249
-1.27%$29.51
6.01%$5.35
1.91%$2.01
3.01%$1.27
3.59%$1.98
-2.44%$3,371.60
-1.77%$1.34
2.62%$0.04494462
0.54%$0.577386
3.33%$105.25
-2.05%$3,120.83
-2.62%$0.02769008
-2.32%$0.178639
1.07%$1.062
0.92%$9.73
2.15%$0.979343
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-1.66%$0.893699
-0.03%$66.78
0.13%$86.88
-0.14%$17.98
-3.73%$0.03270371
1.12%$0.00000126
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-1.35%$0.900987
2.33%$2.28
-1.79%$0.02214892
-1.87%$41.80
1.72%$0.754781
-4.72%$13.53
-5.96%$0.589483
-2.99%$7.14
2.09%$0.454449
1.17%$0.0000513
-0.43%$3.18
-0.42%$0.00001511
1.17%$0.113574
4.43%$1.006
1.68%$1.012
-5.28%$2.96
-0.14%$5.07
1.95%$0.640376
3.80%$45.65
3.64%$0.240111
1.60%$6.90
2.09%$0.796491
0.62%$16.07
-0.71%$3.88
-1.58%$0.823948
0.94%$345.97
-0.54%$0.01837243
-2.02%$1.22
-3.26%$167.72
-2.80%$9.09
2.61%$0.01974894
-1.43%$0.442582
1.07%$1.24
0.33%$13.41
3.81%$1.19
-2.41%$3,077.87
-1.75%$0.23108
0.06%$0.679471
-0.93%$19.57
1.43%$2.28
-1.91%$0.975977
-0.50%$2.79
-0.69%$1.23
0.37%$0.189127
-0.02%$1.64
-4.62%$3,047.20
-1.56%$0.615211
-6.73%$0.099184
-2.70%$4.02
4.20%$167.01
-2.31%$3,201.19
-1.89%$0.99845
-0.39%$3.95
-2.67%$35.93
0.33%$0.401959
-0.20%$0.927254
-0.83%$0.00176076
-3.41%$95.22
-1.39%$0.107122
3.12%$0.00000029
4.11%$0.000102
-0.55%$2,391.60
0.37%$0.087893
1.42%$3,247.52
-2.01%$5.86
-1.30%$0.687427
-4.17%$0.053445
-0.97%$1.78
-0.60%$0.297686
-0.59%$0.907636
1.83%$0.0099337
0.13%$0.0387723
-3.46%$0.055677
0.67%$1.47
-0.37%$5.26
-2.25%$0.436347
-1.21%$1.001
-0.15%$0.059813
-5.74%$0.401112
3.51%$3,300.76
-1.98%$0.709189
-6.28%$0.418977
-2.65%$0.332369
-1.55%$0.04776911
1.91%$0.092458
-4.28%$0.241452
0.33%$1.11
-1.93%$0.440513
-2.65%$1.02
-1.64%$1.84
-2.52%$0.0251356
-0.56%$0.537924
1.44%$0.00000046
1.06%$22.12
1.19%$0.824054
0.75%$2,389.86
-0.20%$0.00493208
-10.01%$56.01
4.66%$14.02
0.03%$3.77
8.81%$0.02626284
-1.93%$3.74
2.63%$0.03089282
-2.32%$3.92
-2.63%$4.02
-2.24%$0.612943
-0.68%$0.00237179
0.24%$0.00738025
-1.33%$13.03
0.50%$1.57
-2.10%$1,278.92
-2.46%$0.561577
-1.64%$3.85
3.28%$0.0071264
0.51%$0.03243827
-3.01%$5.01
-0.36%$4.31
9.05%$1.81
5.54%$0.382627
1.65%$0.825226
0.06%$0.508027
-2.88%$55.35
-0.57%$0.766224
2.74%$0.251884
-0.07%$3,127.64
-1.60%$0.925464
-1.18%$4.45
7.24%$0.03088157
-0.73%$63.06
-0.57%$0.816546
9.38%$29.97
0.33%$5.38
-2.66%$0.03598249
4.68%$0.03826287
1.95%$21.17
0.01%$0.12228
4.56%$22.54
-0.19%$3.48
-0.70%$0.431081
0.74%$61.26
-2.05%$8.20
-0.43%$0.36007
-4.60%$0.256776
-1.43%$30.96
1.44%$0.92091
-0.89%$0.00601347
-0.35%$1.24
1.02%$0.03276978
-0.03%$31.53
-1.68%$26.92
2.22%$0.166361
3.88%$0.763887
2.40%$2.41
1.88%$0.00365722
4.15%$0.872135
0.62%$0.314876
-0.24%$38.15
-0.74%$28.18
-2.00%$25.66
-0.82%$39.81
-1.63%$3.63
-5.72%$63.24
0.12%$0.381835
1.69%$0.256641
-6.99%$0.395023
-2.50%$0.02066262
-0.56%$0.285723
-0.20%$2.07
17.18%$0.312401
-1.37%$1.74
-0.15%$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.