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MarketWatch MarketPulseMay 26, 2019
Bitcoin hits one-year intraday high, nears $9,000 level
The price of bitcoin continued to surge Sunday, reaching a one-year intraday high as it closed in on $9,000, according to Coindesk data. Bitcoin edged above $8,900 Sunday night, though it quickly receded and was last at $8,740. The last time bitcoin peaked that high was May 2018. The price of a single bitcoin, the world's largest cryptocurrency by market cap, has surged in recent weeks, and is up more than 130% year to date. Prices are still far below their record of around $19,000 in late 2017.

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.


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