article presented by Coindesk: Since the Feb. 6 low around $6,116 (as per CoinMarketCap) - a correction that saw bitcoin lose 69.5 percent of its value from the all-time high - the cryptocurrency has slowly gained altitude despite media headlines and prominent figures in finance calling the correction a bubble in collapse.
As of press time, the price of bitcoin is trading at $10,037.51, according to CoinDesk's Bitcoin Price Index (BPI). Overall, the price of bitcoin has risen more than $500 since the day's open.
According to CoinDesk's Bitcoin Price Index, bitcoin opened the session today at $9,477 and climbed steadily through the day, bar a brief drop around 10:00 UTC. The $10,000 mark was reached at around 17:25 UTC.
Market data indicates that price action on exchanges like GDAX saw the push above $10,000, with a notable green candle emerging. Bitstamp, itBit and Kraken, among others, also saw the price pop past $10,000.
