CoinDesk Analysis Team
CoinDesk
The price of bitcoin surpassed the $450 mark today for the first time this year.
According to CoinDesk's USD Bitcoin Price Index (BPI), bitcoin opened the day at $400.71 before increasing 12.5% to $450.60 at 10:49am (UTC). It has since increased to $452.17 at press time.
Today's peak price marks another yearly high for the digital currency, which passed the $400 mark for the first time since November 2014 just yesterday.
In the last month, the price of bitcoin has increased by 88.5%, having closed on $238.69 on 4th October.
Bitcoin's performance in the last three months have seen its value rise by 58%, closing the day's trading on $284.50 on 4th August.
Today's peak price marks an increase of 43% since the beginning of this year, when bitcoin closed at $313.92 on 1st of January before plummeting to $177.28 on 14th January.
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