Money News – The price of Bitcoin passed $16,000 today on Coinbase. Bitcoin – the popular cryptocurrency has been on an aggressive move in 2017. Moving from $5,000 to over $16,000 during the last quarter of 2017. At present time, bitcoin just surpassed the 18,800 mark today at 11:30 AM on Coinbase.com.
Bitcoin futures trading is coming very soon. We will see how that will move the bitcoin market.
Looking to invest in Bitcoin or other cryptocurrency such as Litecoin or Etheruem, sign up to Coinbase.com and set up a trading account.
On Coinbase’s GDAX exchange, for example, the price of bitcoin is trading above $18,400.00 as of press time. This value represents a significant premium over the price currently being reported on Bitfinex, where bitcoin is trading at $15,531.
At the same time, it’s a considerable amount less than the prevailing price on Bithumb, South Korea’s most voluminous exchange, and local exchanges Coinone and Korbit, all of which seeing prices above $19,000 (denominated in the won, the country’s national currency).
Coinbase isn’t alone in seeing bitcoin prices above $16,000. Japan-based bitFlyer is reporting bitcoin prices at $16,719.40 as of press time, while BitMEX is trading at roughly $17,000.
Looking to invest in Bitcoin or other cryptocurrency such as Litecoin or Etheruem, sign up to Coinbase.com and set up a trading account.