Bitcoin reaches new record high, breaks $9,000


Bitcoin is getting closer and closer to $ 10,000. 

The cryptocurrency hit a record high of $ 9,033 per bitcoin early Sunday morning. The price rose steadily over the weekend and surpassed $ 9,000 at around 6:40 a.m. UTC (1:40 a.m. ET), according to CoinDesk’s Bitcoin Price Index. It now has a market cap of more than $ 150 billion. 

Another digital currency ethereum also hit an all-time high of $ 485.18 on Saturday but has since dropped to $ 461.79 on Sunday, according to CoinMarketCap.

Bitcoin had been on an incredible run in the latter half of 2017. It was valued at $ 1,000 at the beginning of the year and is now closer to reaching the $ 10,000 mark as we inch toward to 2018. Bitcoin’s value surpassed $ 5,000 and $ 6,000 in October and then rose over $ 7,000 and $ 8,000 in November.  Read more…

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