Aug 14, · The price of bitcoin broke through $4, on Sunday, a new record, and has largely stayed above that level since, according to digital currency news . Dec 12, · BITCOIN’s price surged past $17, to hit a new record high today after smashing through record after record over the past year. But why exactly is bitcoin on the rise? Nov 29, · The global cryptocurrency zoomed past $11, on Wednesday to hit a record high for the sixth day in a row, surging more than $1, in just 12 .
How much has bitcoin risen in 2017I bought $ in bitcoin. Here's what I learned
Skip Navigation. Markets Pre-Markets U. Key Points. The number of digital currency storage "wallets" from Blockchain. That said, some digital currency watchers say the rapid surge in bitcoin's price reflects a bubble.
VIDEO Market capitalization of all digital currencies except bitcoin last 7 days. Dimon on bitcoin: If you're stupid enough to buy it, you'll pay the price one day. Experts say it's difficult to determine the exact cause of the latest jump, but they point to three factors that are helping to drive prices higher. Bitcoin was wracked with uncertainty two weeks ago when the digital currency split into two -- the original bitcoin and a new, cheaper offshoot called Bitcoin Cash.
The new unit was created by a group of people who differed with the bitcoin community's view on how to make the currency easier to use. Anyone who owns bitcoin also owns the same number of Bitcoin Cash units. The main advantage of Bitcoin Cash is its new software that allows quicker transactions. Bitcoin is also trying to increase transaction speed by tweaking its own software. It's called "Segregated Witness," a change in bitcoin's rules that would allow people to put more transactions on each block of code used to trade the digital currency.