$4,880: Bitcoin Price Climbs to Another All-Time High

Having briefly topped the $4,800 mark for the first time yesterday, bitcoin's price has bounced back to achieve a new high of almost $4,880 today.

AccessTimeIconSep 1, 2017 at 11:40 a.m. UTC
Updated Aug 18, 2021 at 6:50 p.m. UTC

Presented By Icon

Election 2024 coverage presented by

Stand with crypto

coindesk-bpi-chart-12-4

[Updated]

  • Bitcoin Mining in the U.S. Will Become 'a Lot More Decentralized': Core Scientific CEO
    13:18
    Bitcoin Mining in the U.S. Will Become 'a Lot More Decentralized': Core Scientific CEO
  • Binance to Discontinue Its Nigerian Naira Services After Government Scrutiny
    05:10
    Binance to Discontinue Its Nigerian Naira Services After Government Scrutiny
  • The first video of the year 2024
    04:07
    The first video of the year 2024
  • The last regression video of the year 3.67.0
    40:07
    The last regression video of the year 3.67.0
  • Having only briefly topped the $4,800 mark for the first time yesterday, bitcoin's price has bounced back to achieve a new high just cents below $4,880 today.

    Opening the session at $4,764.87, vigorous trading has seen the value of a bitcoin rise this morning to a record-setting $4,879.24 – up around $115 for the day so far, according to CoinDesk's Bitcoin Price Index. At press time, the price had dropped slightly to $4,876.

    The market capitalization of the number one cryptocurrency has now reached over $79.7 billion – also a new high – and a market share of 45.4 percent, according to data from CoinMarketCap.

    Elsewhere today, litecoin has also set a new all-time high of over $78, as has the combined market cap of all cryptocurrencies, which now stands at over $175 billion.

    Disclosure

    Please note that our privacy policy, terms of use, cookies, and do not sell my personal information have been updated.

    CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. CoinDesk has adopted a set of principles aimed at ensuring the integrity, editorial independence and freedom from bias of its publications. CoinDesk is part of the Bullish group, which owns and invests in digital asset businesses and digital assets. CoinDesk employees, including journalists, may receive Bullish group equity-based compensation. Bullish was incubated by technology investor Block.one.


    Learn more about Consensus 2024, CoinDesk's longest-running and most influential event that brings together all sides of crypto, blockchain and Web3. Head to consensus.coindesk.com to register and buy your pass now.