Bitcoin Price Tops $5,000 For First Time

in #bitcoin8 years ago

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Bitcoin prices topped $5,000 for the first time today, surpassing this key, psychological level and setting a fresh high.

The crypocurrency's price had risen to as much as $5,005.26 at the time of report, according to the CoinDesk Bitcoin Price Index (BPI). This brought its year-to-date (YTD) return to almost 420%.

These digital assets have been generating significant visibility is their a growing number of organizations explore their potential uses.

Further, many companies have been holding initial coin offerings (ICOs), innovative token sales where organizations can raise funds.

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