Share this article
Bitcoin Price Breaks $400 Amid 12% Surge
The price of bitcoin has surpassed the $400 mark today for the first time since November 2014.
Updated Sep 14, 2021, 2:00 p.m. Published Nov 3, 2015, 5:26 p.m.
The price of bitcoin shot past the $400 mark today for the first time since November 2014.
According to CoinDesk's USD Bitcoin Price Index (BPI), bitcoin opened the day at $359.35 before increasing over 11% to $403.30 at 17:15pm (UTC). It has since decreased to $401.79 at press time.
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
The digital currency began the year hovering slightly over $300, before dropping below the $200 mark to $177.28 on 14th January.
Today's peak price marks a yearly high for bitcoin, which is represents a 10.7% increase in value from its price on 3rd November last year, when it closed the day's trading at $363.31.
However, bitcoin's price today marks a stark contrast to its value in November 2013, when it peaked at an all-time high of $1165.89.
It is difficult to determine the specific reasons as to why the price of bitcoin is currently trending upwards, but industry observers recently told CoinDesk that it may be related to China's tightening of capital controls and a series of positive news for the industry; including the EU's VAT ruling.
Hot air balloon 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
Strive Starts $500M Preferred Stock "At-The-Money" Program for Bitcoin Purchases
The new preferred stock offering, SATA, strengthens Strive’s capital options as it expands its bitcoin focused strategy.
What to know:
- Strive announced a $500 million at-the-market offering to fund further bitcoin purchases.
- SATA, the company's preferred stock, offers a 12% dividend and trades below its $100 par value.
- Proceeds from the offering may also be used for buying income-generating assets or company acquisitions.
Top Stories
