Bitcoin's price hits yearly high after surge above $10,000
The prices of bitcoin hit a new yearly high on Monday, with markets up more than 8% on the day as of press time.
BTC is trading hands at roughly $10,809, according to price data from Coinbase, representing an increase of about 8.8% over the past twenty-four hours. Coinbase data shows a high of $10,968; Bitfinex and Bitstamp hit highs of $10,974 and $10,956, respectively, according to TradingView data.
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As noted this morning by The Block's Frank Chaparro, news and analyst coverage indicates that global economic uncertainty is providing fodder for select markets, including gold and bitcoin.
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