NewsBTC
No Result
View All Result
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Breaking News: Coinbase Confirms DOJ Investigation Following Major Security Incident
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Bitcoin News
No Result
View All Result
Breaking News: Coinbase Confirms DOJ Investigation Following Major Security Incident

Price of Bitcoin Surges Significantly Past $550 This Weekend

newsbtc
newsbtc
1 year ago
2 mins read

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Following your charts? You probably ought to be. Something spectacular is happing with the price of bitcoin this fine Memorial Day weekend.

Already, social media is plastered with excitement and “to the moon” references as the price has surged past $550 in the wee hours of the morning (at least here in the United States).

At the time of this writing, we’re observing a price of $570 at the Bitstamp exchange, with a peak of $586 earlier this morning. That brings the price up to approximately eight percent in the past twenty-four hours.

But keep your eyes glued to the screen, because things can go either way in a heartbeat.

And while I’m no markets expert, it seems to be as if we’ve passed a phase of stability in which the price really did nothing interesting for weeks on end (although this is the sort of thing the bitcoin economy needs – stability).

There’s a new sense of optimism in these markets, and traders are curious as to just how high this price can go.

It’s got some work if it wants to pass the all-time high of $1163 at Bitstamp (nor do I think we’re close to this happening time-wise), but these next few days and weeks will be interesting.

This also happens to be a perfect transition to this week’s poll:

[poll id=”10″]

A brief history on bitcoin price surges:

The community saw the first big bubble over one year ago in April 2013, when the price of bitcoin jumped from double digits to triple digits in a short span of time.

Late in the year (November, specifically), the price of bitcoin once again surged to it’s all-time high of $1,000+ due to Chinese interest in the digital currency.

Let us know what you think. What do you attribute this price increase to? Moreover, do you think this rapid climb will persist?

Tweet123Share196ShareSend
newsbtc
newsbtc

newsbtc

Comments 6

  1. jabber0ne says:
    11 years ago

    Increase due to whales in China and Hong Kong.

    Reply
  2. Daytradwr says:
    11 years ago

    Prob because of Xrp exodus triggered wider buyers, probably short term ralley; Still expecting new all time highs by end of thus price cycle: july. After this who knows, depends where current cy le finishes

    Reply
  3. francescorulli says:
    11 years ago

    The World is starting to realize the need to adopt Bitcoin to fuel growth and education especially in developing countries: http://www.womensannexfoundation.org/#/digital-currency-for-digital-literacy/
    Africa, Central Asia, Central and South America are on our radar….

    Reply
  4. slavix says:
    11 years ago

    This poll is meaningless, because the price growth is not indication of a bubble. Both choices are wrong.

    Reply
  5. Rich. M. says:
    11 years ago

    Price rise due to bots manipulating the price on Bitstamp. Watch the real-time trades and it is so obvious that linked accounts are trading to each other in $50 lots to raise the price. Other exchanges follow due to arbitrage. Simple pumpage, followed by the dumpage very soon. I know, I wrote the bots 🙂

    Reply
    • John says:
      11 years ago

      interesting, where did you write these stories?

      Reply

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Comments 6

  1. jabber0ne says:
    11 years ago

    Increase due to whales in China and Hong Kong.

    Reply
  2. Daytradwr says:
    11 years ago

    Prob because of Xrp exodus triggered wider buyers, probably short term ralley; Still expecting new all time highs by end of thus price cycle: july. After this who knows, depends where current cy le finishes

    Reply
  3. francescorulli says:
    11 years ago

    The World is starting to realize the need to adopt Bitcoin to fuel growth and education especially in developing countries: http://www.womensannexfoundation.org/#/digital-currency-for-digital-literacy/
    Africa, Central Asia, Central and South America are on our radar….

    Reply
  4. slavix says:
    11 years ago

    This poll is meaningless, because the price growth is not indication of a bubble. Both choices are wrong.

    Reply
  5. Rich. M. says:
    11 years ago

    Price rise due to bots manipulating the price on Bitstamp. Watch the real-time trades and it is so obvious that linked accounts are trading to each other in $50 lots to raise the price. Other exchanges follow due to arbitrage. Simple pumpage, followed by the dumpage very soon. I know, I wrote the bots 🙂

    Reply
    • John says:
      11 years ago

      interesting, where did you write these stories?

      Reply

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Related News

Bitcoin Price Holds Steady

Bitcoin Price Holds Steady — Bullish Monthly Structure Suggests Rally Continuation

Bitcoin price started trading in a range below the $108,800 zone. BTC is now consolidating and might aim for a...

Aayush Jindal 2 hours ago
제미니, 비트코인 대량 보유한 MSTR 주식 토큰화… 다음 유망 알트코인은?

제미니, 비트코인 대량 보유한 MSTR 주식 토큰화… 다음 유망 알트코인은?

가상화폐 거래소 제미니(Gemini)가 유럽 사용자를 대상으로 마이클 세일러(Michael Saylor)의 스트래티지(Strategy, $MSTR) 주식을 토큰화한 상품을 새로 출...

Soyeon Lee 2 hours ago
Dogecoin

Dogecoin Under Pressure: Only Top 10 Coin Where Loss-Taking Exceeds Profit

On-chain data shows Dogecoin is the only cryptocurrency among the top 10 where investors are currently realizing more losses than...

Keshav Verma 2 hours ago
Load More

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Related News

Альткоины усиливают позиции на фоне стабильности Биткоина

lisachaikina 8 minutes ago
Big Money Buys Ethereum as Retail FOMOs Into Bitcoin, What Happens Next?

Big Money Buys Ethereum as Retail FOMOs Into Bitcoin, What Happens Next?

Samuel Edyme 47 minutes ago
Bitcoin price preview July news

Bitcoin July Preview: History Says Don’t Trust The Quiet

Jake Simmons 1 hour ago

Premium Sponsors

Press Releases

  • Bitcoin Eyes $112K on Fed Cut Bets and ETF Frenzy

    47 minutes ago
  • 仮想通貨プレセール残り24時間で800万ドル目前 次の100倍銘柄となるか?

    ...

    14 hours ago
  • 1ドル以下で注目される仮想通貨おすすめ、Solana系トークンに割安銘柄あり?

    ...

    14 hours ago
  • Най-добрите криптовалути преди...

    14 hours ago
  • リップルとSECの訴訟終了後に注目すべき新しい仮想通貨プロジェクトとは

    ...

    14 hours ago

Newsletter

Be the first to get the latest important crypto news & events to your inbox.

  • This field is for validation purposes and should be left unchanged.

About Us

NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins. Here at NewsBTC, we are dedicated to enlightening everyone about bitcoin and other cryptocurrencies.

We cover BTC news related to bitcoin exchanges, bitcoin mining and price forecasts for various cryptocurrencies.

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Company

  • About Us
  • Advertising
  • Contact Us
  • Privacy Center

Social

© 2025 NewsBTC. All Rights Reserved.

  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play Games
  • Casinos
Advertise

© 2025 NewsBTC. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.