Bitcoin Price Reaches New Record High Close to $8,100

As the cryptocurrency market continues to climb, bitcoin prices reached new heights last night.

With values picking up from around 15:50 UTC yesterday, the cryptocurrency peaked some five hours later at a new all-time record of $8,099.85.

Today, prices are slightly down, but holding well. The session opened at $8,034, and at press time the price of 1 BTC is $8,042, according to CoinDesk’s Bitcoin Price Index. That marks an increase of 0.07 percent for the session so far.

As per CoinMarketCap, bitcoin is up 3.66 percent for the last 24 hours, and around 27 percent over the last 7 days. The cryptocurrency’s market capitalization has now peaked at over $133.86 billion.

The combined market value of all cryptocurrencies is also at record levels, being worth $238.8 billion at press time.

Floating lamp image via Shutterstock

The leader in blockchain news, CoinDesk is an independent media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. Have breaking news or a story tip to send to our journalists? Contact us at news@coindesk.com.

Disclaimer: This article should not be taken as, and is not intended to provide, investment advice. Please conduct your own thorough research before investing in any cryptocurrency.

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