Share this article
Bitcoin's Price Climbs Above $8,000 to Hit New High
Bitcoin's price rose above $8,100 for the first time on Sunday.
By Stan Higgins
Updated Sep 13, 2021, 7:10 a.m. Published Nov 20, 2017, 3:16 a.m.
Bitcoin's price rose above $8,100 for the first time on Sunday.
Data from CoinDesk's Bitcoin Price Index (BPI) indicates that the price climbed to $8,101.91 between 20:00 and 20:15 UTC. This move came after bitcoin – which toed the $8,000 line during Friday trading – crossed that threshold several hours earlier.
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
That the price of bitcoin would surge above this height was in the cards last week, as was suggested by analysis at the time. Conversely, last week saw some dramatic movements on the price front, with markets dropping below $6,000 only to recover days later. Market commentary throughout the week was led, in part, by speculation around pending futures product launches and interest among institutional investors overall.
Indeed, the move confirms a possibility floated by analysts from investment bank Goldman Sachs earlier this month. The firm's analysts have published several forecasts since earlier this year, notably predicting some of the developments seen over the summer.
As of press time, the price of bitcoin has slipped back below $8,000, trading at around $7,983.
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
Norway's sovereign wealth fund supports Metaplanet bitcoin plan ahead of EGM vote
Norges Bank, which holds a 0.3% stake in Metaplanet voted in favor of for all five proposals ahead of the Dec. 22 EGM.
What to know:
- Norway’s sovereign wealth fund, which holds about 0.3% of Metaplanet, voted in favour of all five proposals ahead of the company’s Dec. 22 Extraordinary General Meeting, backing its Bitcoin treasury strategy.
- The proposals introduce perpetual preferred shares and expand capital flexibility to support non dilutive Bitcoin accumulation.
Top Stories
