Newsflash: Bitcoin Price at Touching Distance of $1,500

Bitcoin price continues to hit all-time highs every day through May as the price of the cryptocurrency, with trading value now dollar away from the significant milestone of $1,500.

Data from the Bitstamp Price Index (BPI) shows yet another day of gains for the cryptocurrency to reach an all-time high of $1,499.4. Since the turn of May, bitcoin prices are up 10%.

At the time of publishing, bitcoin is trading at $1499.01. Touching the next major peak looks imminent.

For a live Bitcoin Price chart, click here.

Chart from Bitcoin Wisdom. Featured image from Shutterstock.

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