The bitcoin price has for a period been trading a bit under $9,000 and has not really wanted to break that level. But on Thursday came a new big jump and pushed up the price quickly from about $8,750 to a maximum of $9,096, according to numbers from Bitstamp.
That’s an increase of almost four percent. $9,096 is also the highest price so far in 2019.
However, after the price reached that peak, it dropped quickly – down to $8,600. The cryptocurrency is very volatile right now, to say the least.
At the time of writing, one bitcoin is trading around $8,700.
Bitcoin accounts for 55.7 percent
During the last hour, bitcoin’s total market cap has risen from $154 billion to $159 billion – an increase of $5 billion. But that also fell back sharply.
Bitcoin currently represents 55.7 percent of the total market cap of all cryptocurrencies, according to Coinmarketcap.