Bitcoin Price Breaks All Time High, Hits $270, $3 Billion Market Cap

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Bitcoin Breaks $270 in Historic Climb

Today marks a new all-time high for the digital currency Bitcoin. For the first time ever, Bitcoin was traded at $270 on Japan-based exchange Mt.Gox. On Coinbase, the price of Bitcoin was just below $270.

With nearly 12 million bitcoins in circulation, Bitcoin now has more than a $3 billion market capitalization

Here are the charts showing the historic climb of Bitcoin.

Mt Gox Bitcoin All Time High

Mt. Gox chart from Bitcoin Charts

Coinbase Bitcoin All Time High

Coinbase chart from Coinbase

Looking Back at the Last Peak

The last time Bitcoin reached prices this high was in April 2013. The currency reached $266 and then crashed dramatically.

Read: Did the Bitcoin Bubble Burst Already? (April 12, 2013)

This time, there seems to be more stability around this climb. Increased adoption and trading volume in China has contributed to the price climb.


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2 Responses to Bitcoin Price Breaks All Time High, Hits $270, $3 Billion Market Cap

  1. […] was a record week for Bitcoin, with the price breaking the previous all-time high, and then climbing even higher. The digital currency now has well over a $3 billion market […]

  2. […] news of this proposal comes at an interesting time. Bitcoin has soared to its highest price ever, over $400, and mainstream media is all over it. The anonymous drug marketplace Silk Road was […]

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