Bitcoin Price Breaks New All-Time High, Reaching $2911 USD

 

The Bitcoin price earlier broke to a new all-time high, reaching $2911 USD before falling at press time to $2880, according to CoinDesk’s Bitcoin Price Index — a rise from it’s opening of $2569.23 at the beginning of the day, June 5th.

Bitcoin has seen a meteoric rise this year with the BPI showing it opening the month at $2350, the year at under $1000, and enjoying a year to date rise of nearly $2300, from $598.


 

 

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Author: Timothy Goggin

Timothy Goggin is an economic analyst with an interest in the application of moral philosophy and decentralized systems. He studied economics at the Business School at Victoria University of Wellington, New Zealand. His area of research is the consequential and moral dimensions of implementing digital currencies and the resulting synergies for consumers in the trading environment.

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