Bitcoin Just Reached a New All-Time High

It reached $3,000 for the first time since June, surpassing $3,200 for the first time.

By Karla Lant

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Image: Roman Bodnarchuk/Adobe Stock

Bitcoin Going Strong

According to the CoinDesk Bitcoin Price Index (BPI), the price of bitcoin has shot up again, surpassing $3,200 for the first time. Market data indicates this latest surge started after 1:00 UTC on August 5, when the price of bitcoin surged past $2,900. By about 3:12 UTC, the price breached the $3,000 mark.

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