Bitcoin Price Hits Highest Level Since August

The price of bitcoin on the CoinDesk USD Bitcoin Price Index (BPI) rose to $247.57 today, its highest total since 18th August.

The day's price movement began at roughly 12:20 UTC, but accelerated at 14:00 UTC when the price jumped from $243.01 to $246.15 over a 15-minute span.

The daily high was reached at 15:30 before prices began to edge downward. The price at press time, according to the BPI, is $245.96.

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