PYMNTS-MonitorEdge-May-2024

Today In Data: Bitcoin Value Soars To New Heights

Since its inception back in 2008, bitcoin has seen its fair share of ups, downs, optimists and skeptics.

This week, however, CoinDesk has shown bitcoin’s value has soared above the $1,400 mark.

Here are the numbers:

$1413 | Bitcoin value on Monday

4.88 percent | Increase of bitcoin value for the day

42 percent | Increase of bitcoin value since the start of 2017

215 percent | Increase of bitcoin value since Q1 2016

$1520 | Amount bitcoin traded on Hong Kong–based exchange Bitfinex this week

PYMNTS-MonitorEdge-May-2024