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The Price of Bitcoin is Up $150 Over the Last Week
As the year comes to a close, the price of bitcoin continues to test the $1,000 mark as it seeks to set a new three-year high.
Von Pete Rizzo
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The price of bitcoin keeps on climbing.
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At press time, the price of bitcoin was roughly $950 on the CoinDesk Bitcoin Price Index, a figure that was up $20 from the day's opening price and just $70 shy of a three-year high for the digital currency. (The price hit a high of $1,023.31 on 6th January, 2014).
However, this total was notably $150 above the opening price observed one week ago on 21st December, when tokens running on the bitcoin blockchain traded for an average of $799.23 across global exchanges.
The 20% increase over just a seven-day span has so far drawn a number of plausible theories, including that bitcoin is improving on economic conditions in countries such as India and Venezuela and decisions by the US Federal Reserve.
Data reveals that the increase is the largest price swing observed since late July, when the price of bitcoin declined from highs in the $660s to the mid-$500s following a hack on one of the network's most notable exchanges.
Yet, while notable for 2016, the rapid increase is by no means unique to the digital currency.
In late 2013, for instance, bitcoin rose nearly $500 to more than $1,100 from 23rd November to 30th November, before falling below $700 just days later.
Slinky image via Shutterstock; Price chart via CoinDesk
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KuCoin captured a record share of centralised exchange volume in 2025, with more than $1.25tn traded as its volumes grew faster than the wider crypto market.
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- KuCoin recorded over $1.25 trillion in total trading volume in 2025, equivalent to an average of roughly $114 billion per month, marking its strongest year on record.
- This performance translated into an all-time high share of centralised exchange volume, as KuCoin’s activity expanded faster than aggregate CEX volumes, which slowed during periods of lower market volatility.
- Spot and derivatives volumes were evenly split, each exceeding $500 billion for the year, signalling broad-based usage rather than reliance on a single product line.
- Altcoins accounted for the majority of trading activity, reinforcing KuCoin’s role as a primary liquidity venue beyond BTC and ETH at a time when majors saw more muted turnover.
- Even as overall crypto volumes softened mid-year, KuCoin maintained elevated baseline activity, indicating structurally higher user engagement rather than short-lived volume spikes.
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Bitcoin’s weakness versus gold and equities puts quantum computing fears back in focus
Some investors have revived concerns that quantum computing could threaten bitcoin, but analysts and developers say recent price weakness reflects market structure.
Ano ang dapat malaman:
- Bitcoin’s recent price stagnation has sparked a renewed debate over quantum-computing risks, with investor Nic Carter arguing that quantum fears are already shaping market behavior.
- On-chain analysts and prominent investors counter that the slowdown is better explained by large holders taking profits and increased supply hitting the market around the $100,000 level.
- Most bitcoin developers still view quantum attacks as a distant, manageable threat, noting that proposed upgrades like BIP-360 provide a path to quantum-resistant security and are unlikely to explain short-term price moves.
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