Cryptos: Bitcoin tops $9,000 level for first time in 13 months [MarketWatch]
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Source: MarketWatch
Bitcoin tops $9,000 level for first time in 13 months The price of bitcoin crossed the $9,000 threshold Sunday for the first time in more than a year. Bitcoin BTCUSD, +1.28% peaked around $9,385 in intraday trading, according to Coindesk. The cryptocurrency slipped in afternoon trading, and was last around the $9,000 level. The digital currency is up more than 22% over the past 30 days, and up 142% year to date. Sunday’s intraday prices were the highest for bitcoin since May 2018, though still well off its all-time high above $19,000 in late 2017. Investors have been bullish on bitcoin recently, with optimism stoked by the expected announcement this week that Facebook Inc. FB, +2.18% will launch a new cryptocurrency , backed by a number of major companies , including Visa Inc. V, +0.18% , PayPal Holdings Inc. PYPL, +0.39% and Uber Technologies Inc. UBER, -2.44% . The new coin, reportedly to be called Libra, would allow users to make purchases around the internet, not ju
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