Bitcoin Price Jumps by 11% to Reach One-Month High Above $6.9k

Bitcoin, the world’s largest cryptocurrency by market capitalization, jumped by 11 percent on Monday, pushing prices above $6,900 for the first time in a month.

CoinDesk’s Bitcoin Price Index shows that ,just after 5:00 UTC on Monday, bitcoin saw a sudden spike of $400 over the course of 60 minutes, and reached as high as $6,960 by 6:45 UTC – a level not seen since Sept. 6.

As of press time, bitcoin’s price has dropped back slightly to around $6,800.

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