Share this article
Bitcoin Prices Break Past $800
Bitcoin prices have broken past $800 for the first time since February 2014, setting a fresh 34-month high.
Updated Sep 14, 2021, 1:58 p.m. Published Dec 21, 2016, 12:35 a.m. 1 min read
Bitcoin prices have risen above $800 for the first time since February 2014, setting a fresh 34-month high.
The digital currency's price reached a high of $800.46, according to data from the CoinDesk USD Bitcoin Price Index (BPI). The move followed a month of progressive price gains, beginning the period at around $742, and caps a year of dynamic – and at times dramatic – market developments.
At press time, the price has slid back below the $800 mark, trading at an average of $799.20, BPI data shows.
Bitcoin prices have neared the $800 level in recent days, prompting some market watchers to predict that the market would likely pass the mark before the end of 2017.
Image via Shutterstock
More For You
"An Agreement has been largely negotiated, subject to finalization between the United States of America, the Islamic Republic of Iran, and the various other Countries," wrote President Trump late Saturday afternoon.
What to know:
- Down sharply earlier Saturday, bitcoin moved to gains on the day after President Trump announced a peace agreement with Iran and other Middle Eastern countries.
- As part of the deal, Trump said, the Strait of Hormuz will be reopened.
Top Stories
