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Articles / by David Zeiler / August 11, 2017 Bitcoin prices today are climbing after two controversies subsided and investors gained more confidence in the future of the world’s oldest and most valuable cryptocurrency. According to the CoinDesk Bitcoin Price Index, the price of Bitcoin surged today (Friday) to an all-time high of $3,586.23 around 8 a.m., surpassing Tuesday’s high-water mark of $3,538.04. Bitcoin prices are up about 24% over the past week (up $690), 53% over the past month (up $1,233), and 268% year to date (up $2,596). The swiftly climbing Bitcoin prices have raised hopes the digital currency will reach $4,000 or even $5,000 by the end of the year. Several major developments drove this week’s surge in Bitcoin prices. Here’s what happened… READ MORE The post Why Bitcoin Prices Today Are Climbing Past $3,500 appeared first on Silver For The People.

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