Bitcoin jumps to 9-month high as price grows by 135% since December

Markets • May 12, 2019, 8:16AM EDT
The Block

Bitcoin's price has grown by 135% since December 15 when the price fell to less than $3,200. The price has briefly surpassed $7,500 on Sunday, which was last seen on August 2; more than 9 months ago. At the time of publication, bitcoin is trading at $7,120 with a market cap of $125.7 Billion. 

Meanwhile ether, the second largest cryptocurrency, has seen even more drastic growth. Ether's price has grown by nearly 150% in the same time period. The price reached a 6-month high of $206 on Sunday. At the time of publication, ether is trading at $189 with a market cap of $20.1 Billion.

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About Author

Larry joined crypto research full time in early 2017 and has expertise in capital markets, market structure and early stage DeFi companies/protocols and token economics. He has a background in economics and finance.

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