Monday, 4 September 2017

Bitcoin peaks above $5,000 threshold for first time



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.





BBC      News.