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Value of One Bitcoin Hits $5,000... Briefly

Accepted submission by takyon at 2017-09-05 01:23:25
Business

Bitcoin peaks above $5,000 for first time [bbc.com]

Bitcoin has crossed the $5,000 (£3,862) threshold for the first time. The virtual currency peaked at $5,103.91 in the early hours of Saturday, according to CoinDesk's price index. The record high helped push the total value of publicly traded crypto-currencies - including Ethereum and the Bitcoin-offshoot Bitcoin Cash - to more than $176bn. However, there has since been a sell-off. At time of writing, Bitcoin was 12% off its peak, at $4,485.

$4232.54 at this time.


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