Once Again Bitcoin Hits A New High

Once Again Bitcoin Hits A New High
Once Again Bitcoin Hits A New High
Once Again Bitcoin Hits A New High USA TODAY

Despite naysayers, bitcoin continues to seemingly defy all odds. And, while people have been looking past bitcoin as the vehicle that will prove to the consumer that cryptocurrency is a viable long-term currency solution, maybe they have been wrong.

On today’s USA TODAY website, an article by Arjun Carpal of CNBC writes in Bitcoin hits a new record high above $5,200 that:

The bitcoin price hit an all-time high of $5,231.28 in early trade on Thursday, according to data from industry website Coindesk. This surpassed the previous high of $5,013.91 hit on September 2. Bitcoin is now up around 424% year-to-date.

Investors appear to have shrugged off much of the negative news from regulators around bitcoin.

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Read the source article at USA TODAY


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