Share this article

Bitcoin Price Sets New Record As Cryptocurrency Market Tops $200 Billion

Amid a surging cryptocurrency market, bitcoin price gains have continued today, reaching a new all-time high of over $7,450.

Updated Sep 14, 2021, 1:56 p.m. Published Nov 3, 2017, 11:00 a.m.
Balloons
coindesk_default_image.png

Amid a surging cryptocurrency market, bitcoin price gains have continued today, reaching a new all-time high of over $7,450.

STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters

A rapid rise starting around 03:00 UTC saw the cryptocurrency peak at $7,454 at 10:38 UTC. The session opened at $7,030. At press time, the price of a bitcoin is down slightly $7,402, according to CoinDesk's Bitcoin Price Index – a 5.29 percent gain for the day so far.

As per CoinMarketCap, bitcoin is up over 27.15 percent for the last 7 days, and its market capitalization has now peaked at over $124 billion.

The combined market cap for all cryptocurrencies has also once again reached record levels, passing $202 billion for the first time.

Hot-air balloons image via Shutterstock

More For You

Protocol Research: GoPlus Security

GP Basic Image

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

‘Much more than a backend refresh’: Coinbase’s fintech pivot hits milestone

Coinbase

Wednesday’s update could debut tokenized assets, onchain AI agents and global Base features as crypto exchange Coinbase aims to redefine its business model.

What to know:

  • Coinbase’s upcoming system update may reveal new products that push it beyond crypto trading into broader fintech.
  • Analysts expect announcements around prediction markets, tokenized assets and onchain AI automation.
  • The event could also clarify Coinbase’s global strategy and signal new monetization paths like a potential Base network token.