{"id":18204,"date":"2020-11-30T15:18:30","date_gmt":"2020-11-30T15:18:30","guid":{"rendered":"http:\/\/ci027cfe7ac0022697"},"modified":"2020-11-30T15:18:30","modified_gmt":"2020-11-30T15:18:30","slug":"bitcoin-price-hits-all-time-high","status":"publish","type":"post","link":"https:\/\/bitcoinmagazine.com\/markets\/bitcoin-price-hits-all-time-high","title":{"rendered":"Bitcoin Price Hits All-Time High"},"content":{"rendered":"<div id=\"bsf_rt_marker\"><\/div><figure><img decoding=\"async\" src=\"https:\/\/bitcoinmagazine.com\/wp-content\/uploads\/2024\/11\/bitcoin-price-hits-all-time-high.png\" title=\"\"><\/figure>\n<p>Bitcoin has hit a new all-time highest price relative to USD as listed on <a href=\"https:\/\/www.bitstamp.net\/market\/tradeview\/\" target=\"_blank\" rel=\"noopener\">Bitstamp<\/a>, eclipsing its previous high of $19,666.00 set on the exchange on December 13, 2017.<\/p>\n<p>The specific price of BTC relative to fiat currency at any given time depends on the rate set by specific exchanges, and the listed all-time high price or price at any given time depends on the particular data set referenced. Though Bitstamp does not list the highest all-time bitcoin price of any exchange (<a href=\"https:\/\/www.bitfinex.com\/trading\" target=\"_blank\" rel=\"noopener\">Bitfinex<\/a>, for instance, listed bitcoin at $19,891 on December 11, 2017), its data stream represents one of the longest-operating bitcoin exchanges in history.<\/p>\n<p>The all-time high mark set today represents a major milestone in a bitcoin bull market that started in early March 2020, when the price rallied from a low in the $3,000 range. Since then, it has reached more than six times its value in less than nine months. Bitcoin set an <a href=\"https:\/\/bitcoinmagazine.com\/articles\/bitcoins-market-cap-hits-all-time-high\">all-time market capitalization high<\/a> on November 17, 2020.<\/p>\n<p>Though bitcoin is a monetary system in and of itself, that is not reliant on value relative to USD or any other fiat system, the USD price of 1 BTC is a popular metric for signalling the growing acceptance of Bitcoin. By many measures, bitcoin has been the single-best performing financial asset in the world since it was introduced by Satoshi Nakamoto in January 2009.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>According to data from Bitstamp, the USD price of 1 BTC has eclipsed its previous all-time high of $19,666 set on December 13, 2017.<\/p>\n","protected":false},"author":2705,"featured_media":18205,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[34],"tags":[2800,572,345],"class_list":{"0":"post-18204","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-markets","8":"tag-bitcoin-all-time-high","9":"tag-bitstamp","10":"tag-price"},"author_data":{"id":2705,"name":"Peter Chawaga","nicename":"peter-chawaga","avatar_url":"https:\/\/bitcoinmagazine.com\/wp-content\/uploads\/2024\/12\/peterc-96x96.jpg"},"featured_image_url":"https:\/\/bitcoinmagazine.com\/wp-content\/uploads\/2024\/11\/bitcoin-price-hits-all-time-high.png","_links":{"self":[{"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/posts\/18204","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/users\/2705"}],"replies":[{"embeddable":true,"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/comments?post=18204"}],"version-history":[{"count":0,"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/posts\/18204\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/media\/18205"}],"wp:attachment":[{"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/media?parent=18204"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/categories?post=18204"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/tags?post=18204"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}