Bitcoin $13K Price Defies All Expectations… Again

December 6, 2017 5:52 pm Published by

Bitcoin continued its record climb Wednesday reaching a new all-time high at $13,200, Cointelegraph reported.

At 12 p.m. ET, Bitcoin had fallen back to around $12,575, the report said, having corrected after breaking the barrier for the first time.

New records are now a daily occurrence with Bitcoin over the past week as prices have risen 50 percent from the $9,000 level of a few days ago, the report said.

On Tuesday, Cointelegraph reported as prices passed $12,000 the onset of regulated futures trading was a major driving factor for incoming investment.

With the continued price hike, many wonder when the cryptocurrency run will slow – or reverse, the report said.

Tweeting his forecast Tuesday, Max Keiser, the commentator famous for his Bitcoin and Dash advocacy, said he imagined $15,000 would be the limit at which markets would take stock, the report said., Jack Durschlag

Have your say:

Your email address will not be published. Required fields are marked *