Tuesday, November 28, 2017

Bitcoin surpasses $10,000 for the first time

One bitcoin can now buy a Tiffany engagement ring.

The digital currency hit $10,000 Tuesday, according to CoinDesk, marking an exponential ascent from 6 cents seven years ago and less than $1,000 at the start of this year.

The cryptocurrency had hovered above the $9,800 level for most of the day, but finally broke through the milestone level around 8:30 p.m. ET, according to CoinDesk. After a brief stutter, bitcoin continued its march higher, hitting $10,358.31 by 10:39 p.m. ET.

https://www.cnbc.com/2017/11/28/bitcoin-surpasses-10000-for-the-first-time.html