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BTC $75,662 -0.11%
ETH $2,228 -0.22%
BNB $696 +0.14%
XRP $1.15 -0.63%
SOL $89.05 -0.67%
TRX $0.3199 +0.12%
ZEC $1,250 -1.08%
HYPE $76.68 -1.05%
XMR $605 -0.78%
DOGE $0.0710 -1.13%
LEO $9.32 -0.19%
LINK $10.64 -2.23%
ADA $0.1789 -1.58%
XLM $0.1497 -1.20%
BCH $244 -5.19%
NEAR $3.60 -1.46%
UNI $6.97 -1.78%
LTC $51.36 -1.61%
CC $0.0925 -2.34%
AVAX $8.17 -0.80%

Bitcoin nears $40K, setting 14 price records in 23 days

The price of Bitcoin has nearly quintupled since this time last year, boosting its market value beyond $725 billion.

Bitcoin broke $39,000 on Thursday to set another all-time high — its 14th price record in 23 days.

This put BTC up more than 90% since 2017’s top of $20,089, a record that stood for three years until it was beaten in mid-December.

The original cryptocurrency has nearly quintupled since this time last year, boosting its market value beyond $725 billion.

[Read more: Ethereum is now up 750% in the past year — overtaking Tesla]

Demand for crypto has even caused major supply issues for ASIC miners and graphics cards, as fans rush to generate their own coins — with Bitmain reportedly all sold out of chipsets until August.

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