Bitcoin price surges above US $11,000 mark, highest in 15 months

2019-06-25 208

Bitcoin soared above the 11-thousand U.S. dollar-mark on Monday,... the leading cryptocurrency's highest price in 15 months.
CNBC reports that the surge comes as Facebook recently announced plans to launch it own cryptocurrency called Libra in 2020.
The price for one Bitcoin hit a record of over 19-thousand dollars in late 2017,... but plummeted to around 3-thousand dollars over the course of 2018 and into the beginning of 2019.
Bitcoin has soared a whopping 170 percent this year, and the price of its closest competitor Ethereum has also jumped more than doubled in 2019.