Bitcoin Price Tops $800

News and Analysis
21.12.2016

Overnight into Wednesday, December 21, bitcoin price has reached its maximum since February 2014 following the new spate of activity on the side of Chinese investors, effectively surpassing $800.

At the time of publication, Bitstamp index peaks at $809.88, with indices at most European and American exchanges showing more or less the same. At the same time, BTC price has soared over $815 at China-based exchanges.

BTC-e is traditionally behind its peers with maximum price of $794.33.

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According to Coinmarketcap, the highest volume of BTC/USD transactions within the last 24 hours is attributed to BitMEX ($11,721 million), xBTCe ($7,678 million), and Bitfinex ($7,440 million.)

As for China-based exchanges, BTCC ($1,077 billion), OKCoin.cn ($1,049 billion), and Huobi ($868,9 million) are in the lead.

Bitcoin market cap has also grown: at the time of publication, it comprises $12,972 billion.

Last Saturday, bitcoin price has already surpassed the $800 mark at Chinese exchanges, while at most Europe and U.S.-based exchanges the cryptocurrency was traded around the $790 mark.

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