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Bitcoin's Price Passes $13k in New All-Time High

The price of bitcoin has broken to yet another all-time high today, crossing the $13,000 line for the first time.

Updated Sep 13, 2021, 7:14 a.m. Published Dec 6, 2017, 7:42 p.m.
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The price of bitcoin has broken yet another all-time high today, crossing the $13,000 line for the first time.

The CoinDesk Bitcoin Price Index (BPI) has posted a high of $13,017.96, representing a gain of more than 10 percent since the day's open and an overall rise of over $1,300. It also brings bitcoin's total market capitalization to roughly $217 billion, according to the BPI.

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The move continues the trend reported earlier today when the price of bitcoin posted a $1,000-gain over the course of 24 hours, pushing past $12,000 for the first time earlier today.

At press time, the price of bitcoin is trading at $13,002.44, BPI data shows.

Additional data from CoinMarketCap.com shows that South Korean exchanges continue to trade well above the rest of the market, with Bithumb, Coinone and Korbit reporting trades above $15,000 at press time.

Runner image via Shutterstock

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Solana CME Futures Fell Short of BTC and ETH Debuts, but There's a Catch

Solana CME futures first-day activity compared to BTC and ETH debuts. (CME/K33 Research)

When adjusted for asset market capitalization SOL's relative futures volume looks better, K33 Research noted.

알아야 할 것:

  • Solana's SOL futures began trading on the Chicago Mercantile Exchange (CME) on Monday, with a notional daily volume of $12.3 million and $7.8 million in open interest, significantly lower than the debuts of bitcoin (BTC) and ether (ETH) futures.
  • Despite the seemingly lackluster debut, when adjusted to market value, SOL's first-day figures are more in line with BTC's and ETH's, according to K33 Research.
  • Despite the bearish market conditions, the launch of CME SOL futures offers new ways for institutions to manage their exposure to the token, said Joshua Lim of FalconX.