时间：2024-11-22 01:41:13 来源：网络整理编辑：休閑
Story updated below to reflect recent Bitcoin price movement.Bitcoin is (Editor's note: was) having
Story updated below to reflect recent Bitcoin price movement.
Bitcoin is (Editor's note: was) having a good 2017.
The digital currency traded at $1,029 on Tuesday, its first day of trading in the new year. The price was bitcoin's first over $1,000 in three years.
The jump in value was attributed to increased demand in China, which is where most bitcoin is traded. Analysts speculated that more people in China were using bitcoin to circumvent the Chinese government's strict regulations on money leaving the country, BBC reported.
SEE ALSO:The Australian government decides it's really into BitcoinDemonetization of high-value paper currency in India has also led some to turn to bitcoin, CBC Newssaid.
Even the election of Donald Trump and the United Kingdom's vote to leave the European Union could have contributed to bitcoin's climb, with greater uncertainty leading to a turn toward the cryptocurrency.
Tweet may have been deleted
At the beginning of 2016, bitcoin was trading around $400. In 2015, prices went below $200.
Bitcoin's all-time high price is $1,216.70, reached in 2013 amid the European debt crisis before the currency's crash.
The cryptocurrency, whose blockchain technology is being adopted across industries, appreciated by more than 100 percent in 2016, according to Coin Desk.
That 125 percent climb was more than any other currency last year.
UPDATE: Jan. 5, 2017, 1:37 p.m. EST
Bitcoin's 2017 glory was short-lived. Prices fell $200 in one hour on Thursday — five days into the new year — in what Coin Desk called a "freefall." The price recovered a bit after its initial decline. As of Thursday afternoon, one Bitcoin is trading at around $975.
Bitcoin's prices are generally pretty volatile, but Coin Desk still told market watchers to "wait and see."
TopicsBitcoin
One of the most controversial power struggles in media comes to a close2024-11-22 01:29
Definitely don't follow these DIY steps to give your red iPhone 7 a black front2024-11-22 01:20
Samsung DeX transforms the Galaxy S8 into a legit desktop computer2024-11-22 01:19
3 reasons to worry about the FBI's facial recognition program2024-11-22 00:16
Ivanka Trump's unpaid interns share cringeworthy financial advice2024-11-22 00:03
Little hedgehog rolls off a pink pillow to save your Monday2024-11-21 23:38
Terrify the children in your life with this weeping unicorn candle2024-11-21 23:37
New 'Dunkirk' footage is a heart2024-11-21 23:24
Photos show the Blue Cut fire blazing a path of destruction in California2024-11-21 23:07
North Carolina fan really sinks her teeth into supporting the Tar Heels2024-11-21 22:57
The U.S. will no longer have the final say on internet domain names2024-11-22 01:10
Tibetan Lama gives up monkhood for marriage and people love it2024-11-22 00:56
EPA chief is tongue2024-11-22 00:40
Deloitte's CEO gave her 152024-11-22 00:07
The five guys who climbed Australia's highest mountain, in swimwear2024-11-21 23:55
Jack Dorsey's Square launches in the UK2024-11-21 23:53
J.K. Rowling uses SpongeBob to sum up her feelings about Brexit2024-11-21 23:32
Why video game cameras seem to always suck2024-11-21 23:23
Katy Perry talks 'Rise,' her next batch of songs, and how to survive Twitter2024-11-21 23:20
Confused? Here's how to get your laptop to your destination2024-11-21 23:13
