Share this article
Bitcoin's Price Climbs But Falls Short in Bid to Top $2,000
Bitcoin prices neared $2,000, but they failed to break through this key level.
Updated Sep 14, 2021, 1:57 p.m. Published May 19, 2017, 9:15 p.m.
Bitcoin prices came within striking distance of $2,000 today, falling short by about $50, according to the CoinDesk Bitcoin Price Index (BPI).
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
The price of bitcoin rose to as much as $1,955.92 during the session, bringing the cryptocurrency less than 3% below $2,000. Markets later fell back to $1,911.79 by roughly 18:45 UTC.
At press time, the average price of bitcoin is $1,940.21, BPI data shows, representing a roughly 2.8% gain since the day's open.
Bitcoin's price has followed a steady, upward trend over the last several months, pushing higher as the broader cryptocurrency space draws sustained inflows. The total market capitalization of the digital asset ecosystem reached a record $67.5bn earlier today.
Some analysts, including investor and entrepreneur Vinny Lingham, see more upside in bitcoin's future. Yet such developments would be contingent on the resolution of the ongoing debate around scaling the digital currency network, Lingham told CoinDesk.
Golf ball image via Shutterstock
More For You
What to know:
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
More For You
Fidelity's Jurrien Timmer: Expect lame 2026 as four-year bitcoin cycle appears intact
The director of global macro at the asset management giant remains a secular bull on bitcoin, but isn't optimistic about the next year.
What to know:
- A number of notable market analysts of late have dismissed the idea of bitcoin's four-year cycle and the nearly certain bear market that might imply.
- Fidelity's Jurrien Timmer, however, says the action so far this time around lines up about perfectly with past four-year cycles and the current bearish action should last deep into 2026.
Top Stories
