Bitcoin Tops Record $19K, Falls Back Down - NBC 7 San Diego
National & International News
The day’s top national and international news

Bitcoin Tops Record $19K, Falls Back Down

The digital currency began the year below $1,000 and its gains have accelerated as investor interest grows

    Winter Olympics PyeongChang 2018 Medal Count
    Country
    Total
    1
    Norway
    13141138
    2
    Canada
    1181029
    3
    Germany
    138728
    processing...

    NEWSLETTERS

    The 21 Most Exciting Flavors at Taste Washington
    AP Photo/Rick Bowmer, File
    This April 3, 2013, file photo shows bitcoin tokens in Sandy, Utah. Bitcoin surged Thursday, crossing the $15,000 mark

    Bitcoin surged past $19,000 for the first time Thursday before falling sharply from its record high.

    In trading on the Coinbase exchange, the digital currency hit a high of $19,340 after soaring through $12,000 on just Tuesday night. After hitting the record high Thursday, bitcoin fell more than 20 percent from that level to $15,198.63. At 12:02 p.m. New York time, the cryptocurrency traded at $16,260.01.

    Despite its wild ride, bitcoin now has a market value of more than $270 billion, meaning it would rank among the 20 largest stocks in the S&P 500.

    The digital currency began the year below $1,000 and its gains have accelerated as investor interest grows.

    Pigeon Beauty Contest Held in Iraq

    [NATL] Pigeon Beauty Contest Held in Iraq

    More than 300 trumpeter pigeons competed in an Iraqi beauty contest. It’s the first of its kind in the country, according to pageant organizers.

    (Published Thursday, Feb. 22, 2018)