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The price of Bitcoin rose to $ 5,800

The cost of a bitcoin reached a new record high of $ 5,856.10 at approximately 02:45 UTC this morning.

13.Oct.17 6:14 AM
By Daria Zaytseva


The price of Bitcoin rose to $ 5,800

The new price record comes in a few hours after the establishment of new highs with a strong move for $ 5,000 for yesterday, according to the CoinDesk’s Bitcoin price index. At 16:30 UTC on Thursday bitcoin was at $ 5,363.

Today, bitcoin started the session at $ 5,439 before rising sharply to a new high within 3 hours. Today's minimum was $5,396.

The price of the cryptocurrency has since fallen to $ 5,704 at press time - an increase of about 13percent in the last 24 hours. Over a week, bitcoin grew by more than 30 percent.

According to CoinMarketCap, in other places on the cryptocurrency markets ether and litecoin also see positive price movements. During the last 24 hours ether exceeded 5 percent, and litecoin - almost 14 percent.

The total market capitalization for all cryptocurrencies rises again to the September 1 high of $172.5 billion, having reached this maximum today at the level of $171.94 billion. The market capitalization of Bitcoin today is $95.5 billion, which is more than 55 percent of the total market.

If we look at the review, it would seem that the market fears caused by the ban of ICO in China in early September, and the voluntary closure of internal exchanges by cryptocurrencies that followed, have now almost completely been shrugged off by the market.

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