Newsflash: Bitcoin Price Breaks $8,500 in New April High

Bitcoin price continues to make gains near the end of the week to trade above $8,500 for the first time in April.

Sticking with its momentum, the world’s first cryptocurrency broke beyond $8,500 (Bitfinex) on Friday’s trading period, a figure unseen since March 26, trading data reveals.

While trading largely settled near the $8,300 level early on Friday, a notable spike saw prices jump from $8,379 at 10:37 UTC to a new monthly high of $8,529 within a 10-minute period.

At press time, bitcoin price is trading to the dollar at $8,515.

As reported earlier today, the bullish uptick comes amid wider gains for the overall cryptocurrency market which sees the likes of Ripple leap over 20 percent in a 24-hour period.