Bitcoin prices break through $36,000
Bitcoin prices rallied again today, surpassing the $36,000 price level as the cryptocurrency benefited from sustained momentum.
The world’s most prominent digital currency climbed to as much as $36,461.69 at roughly 4 p.m. EST, according to CoinDesk data.
After rising to this fresh, all-time high, bitcoin pulled back slightly, falling below $36,000, and proceeded to fluctuate close to this price level, additional CoinDesk figures reveal.
At this point, bitcoin has climbed more than 800% in the last year, rallying from less than $4,000 in March 2020 to upwards of $36,500 today, Forbes reported.
The cryptocurrency’s performance has been particularly strong in recent months, as it has rallied more than 80% after surpassing the previous record of $19,783.21 set in December 2017.