TAGS: bitcoin prices
The price of bitcoin keeps bumping up over the $750 mark.
The digital currency managed to breach $750 several times in November, climbing past this level before quickly falling back, according to BPI data. The digital currency first surpassed $750 on 17th November, briefly lingering above this level before surrendering its gains and then climbing once again.
The digital currency’s price broke through this key psychological level today, representing the sixth time that bitcoin has surpassed $750 since mid-November, CoinDesk USD Bitcoin Price Index (BPI) figures reveal.
Notably, the price of bitcoin has frequently exceeded $750 but has not breach $755 over the last few weeks.
Image via Shutterstock
Bitcoin experienced these price fluctuations amid modest trading volume, as CoinMarketCap data shows that at no point during the session did 24-hour trading volume surpass $90 million. This lukewarm trading activity compares to last month, when 24-hour volume reached as much as $174 million on 3rd November and $173 million on 17th November.
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