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
L1 tokens broadly underperformed in 2025 despite a backdrop of regulatory and institutional wins. Explore the key trends defining ten major blockchains below.
What to know:
2025 was defined by a stark divergence: structural progress collided with stagnant price action. Institutional milestones were reached and TVL increased across most major ecosystems, yet the majority of large-cap Layer-1 tokens finished the year with negative or flat returns.
This report analyzes the structural decoupling between network usage and token performance. We examine 10 major blockchain ecosystems, exploring protocol versus application revenues, key ecosystem narratives, mechanics driving institutional adoption, and the trends to watch as we head into 2026.
More For You
Bitcoin trails polar opposites, gold and copper, as 'fear and AI' trade lifts tangible assets
Gold and copper have outperformed other major assets this year, with gold rallying more than copper.
What to know:
- Gold and copper have outperformed other major assets this year, with gold rallying more than copper.
- Bitcoin has underperformed, failing to attract both fear-driven and AI-driven investment, highlighting a shift towards tangible assets.
- The divergence in performance between gold and copper reflects market bets on both AI-driven growth and systemic financial fears.
Top Stories
