Bitcoin price crosses $10,000 after dropping below $6000 last week
By
Josh Levenson
February 16, 2018 4:02 pm
Our up-to-date guide to Bitcoin’s price reveals everything you need to know about the value of Bitcoin in February 2018. What’s the latest Bitcoin price and is the value of the cryptocurrency rising or falling? Let’s take a look at how Bitcoin’s price looks today, and analyse the latest news and trends.
Bitcoin Price Today: Live Bitcoin price updates for Friday, February 16
Bitcoin opened at $10,016 on Friday, before rising to $10,259 at 2 am GMT. The price had dipped to $9918 by the time 9 am GMT came around, however. We checked the ticker at 12:30 pm GMT and it was idling around the $9860 mark. It crossed the $10,000 mark again 2:30 pm and had reached $10,084 by 4 pm GMT.
Stay tuned for the latest.
Bitcoin Price Latest: Thursday, February 15
Bitcoin is back in business. The token opened at $9477 on Thursday. The value took a turn for the best at 8:00 am GMT, rocketing to $9961, though it dipped to $9727 at 11:05 am GMT – but it’s showing signs of crossing the $10,000 mark by the end of the day, according to some experts. And it did, closing at $10,016.
Bitcoin Price Latest: Wednesday, February 14
Picking up where it left off on Wednesday, Bitcoin opened at $8516 on Wednesday. The value quickly rose to $8834 at 4 am GMT. It did, however, drop to $8856 at 8:15 am GMT, but later picked up, closing at $9477.
Bitcoin Price Latest: Tuesday, February 13
Bitcoin suffered a relatively rocky start to the day on Tuesday. The token opened with a value of $8925, but had plummeted to $8518 by the time 8:30 am GMT came around. It climbed to $8613 at 3 pm GMT, though later closed at $8516.
Bitcoin Price Latest: Monday, February 12
Bitcoin could be about to make a U-turn.
The value of the token reached $8808 within eight hours of trading opening on Monday – up $702 from the previous day. The spike came a mere matter of hours after an influential player in the crypto market voiced his prediction that the price of one token could cross $100,000 in the near future. It closed at $8891.
Bitcoin Price Latest: Sunday, February 11
The future of Bitcoin is looking glum. Trading opened at $8556 on Sunday, before dropping to $7848 at 8:05 am GMT. The price was sitting at $7916 at 9:30 am GMT, leading some to believe that it could be valued at somewhere in the region of $8000 to $8300 by midday, though the curtains closed at $8106.
Bitcoin Price Latest: Saturday, February 10
Bitcoin has at last cleared $9000. The virtual currency opened at $8,608.62 on Saturday. It briefly rose to a high of $9061 at 7:02 am GMT, though it soon dipped to $8859 at 8:25 am GMT – with experts confident that it will be resting in the mid 9000s before the day’s out. But that wasn’t the case, with Bitcoin closing at $8556.
Bitcoin Price Latest: Friday, February 9
Bitcoin opened at $8179 on Friday, but dropped to $7866 at 1 am GMT. It had climbed up to $8298 at 9:30 am GMT and was sitting at $8324 at 12 pm GMT – indicating that it could very well cross $9000 by the end of the day. But progress had stalled at 4:00 pm GMT, with the value hitting $8370, before closing at $8675.
Bitcoin Price Latest: Thursday, February 8
Bitcoin is very much in recovery mode after a calamitous stretch.
The world’s largest cryptocurrency opened just shy of the $8000 mark on Thursday – which it subsequently cleared. As of 10:30 am GMT, Bitcoin was sitting at around $8500, making for a strong recent spell since reaching a nadir of under $6000 per coin on Tuesday. It closed at $8243.
Bitcoin Price Latest: Wednesday, February 7
Bitcoin opened at $7700 on Monday, before rising to $7887 at 10 am GMT – a good sign considering the price was sitting at less than $6000, its lowest price since November 2017, at the same time on Tuesday.
As you’ll see from our Thursday update (above), this trend continued and Bitcoin is now very much on the up again.
Bitcoin Price Latest: Tuesday, February 6
Bitcoin is showing slight signs of recovery this morning, having dramatically crashed over the last 24 hours. As of 8 am GMT it had sunk to below $6000 – its lowest price since November 2017 – but subsequently fought back and climbed over $7000 at 4.30 pm GMT.
In total, over $550 billion worth of value has been wiped off the entire cryptocurrency market in 2018 as fears grow over stricter regulations of trading in a number of countries including the US, UK, South Korea and India.