Bitcoin Price all time high, cross $7,000

in #bitcoin7 years ago
  • The price of bitcoin has reached another all-time high $7,454.04 on Friday, after opening at $7,030 jumps $400 in one day and sets a new record high.

  • Bitcoin crossed the $ 7,000 for the first time on Thursday.

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Bitcoin Price Chart | Source: CoinMarketCap

The decentralized currency continues to rise upwards this year, the value of one bitcoin has climbed more than 500 percent in 2017. Bitcoin is growing extremely popular in Venezuela, Zimbabwe, South Korea, Japan, India, and many more regions worldwide. Lots of citizens from these areas are using bitcoin for cross-border remittances, escaping capital controls, hyper-inflation, and demonetization.

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Bitcoin Price Chart | Source: CoinMarketCap

New_Bitmap_Image.jpg
Bitcoin Price Chart | Source: CoinMarketCap

According to CoinDesk, the cryptocurrency reached a renewed all-time high of $7,454.04 at 6:40 a.m. ET Friday, after opening at $7,030. The jump in price saw bitcoin rise 6 percent.

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