Bitcoin Breaks Key Price Barrier, Heading Toward $11,000

Investing, News | February 17, 2018 By:

Bitcoin has broken through a key price barrier this morning, blasting through $10,500, and is closing in on the $11,000 per single coin mark.

If analyst predictions are correct – never a sure thing – it means that the current rally from the $6,000 level may have sustainable momentum.

Bitcoin market highlights for the 24 hours ending February 17, 2018 at 1:00 pm U.S. Eastern Time

The highest price seen was $10,908.50 on the HitBTC exchange at 4:30 am today. HitBTC saw $62,072,700 of bitcoin change hands.

The lowest price seen was $9,863.58 on Huobi’s exchange at 1:36 pm yesterday. Huobi’s 24 hour volume was $127,728,000.

The average price on the surveyed exchanges, as weighed by volume, was $10,467.71.

Volatility was a bit above average, with the BlockTribune Volatility Index coming in at 52.6. A higher number indicates greater price volatility with 50 describing an average day.

These statistics were consolidated from 10 different exchanges. It includes only BTC/USD trades and only on those exchanges that had at least 1% of the total volume of BTC/USD trades during the measurement period.