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Bitcoin Price Continues Record-Breaking Run to Top $1,500
Bitcoin's price is hitting new highs yet again this week, after passing the $1,500 mark during overnight trading.


Bitcoin's price is hitting new highs yet again this week, after passing the $1,500 mark during overnight trading.
According to the CoinDesk Bitcoin Price Index (BPI), markets climbed to as much as $1,540.71 in the past few hours of trading. The $1,500 price point was first crossed at around 1:15 UTC, BPI data shows, and apart from minor dips over the following two hours, it has stayed above that level since.
At press time, the average price of a bitcoin is $1,534.80, an increase of around 3% above the day's opening price of $1,492.00.
Market data further shows that other blockchain token markets are seeing new highs this morning. According to CoinMarketCap, the privacy-oriented monero has climbed above $25 for the first time.
Balloon image via Shutterstock
Stan Higgins
A member of CoinDesk's full-time Editorial Staff since 2014, Stan has long been at the forefront of covering emerging developments in blockchain technology. Stan has previously contributed to financial websites, and is an avid reader of poetry. Stan currently owns a small amount (<$500) worth of BTC, ENG and XTZ (See: Editorial Policy).
