Bitcoin prices rose above $10,000 today, surpassing this key level as the digital currency benefited from stronger trader sentiment. The cryptocurrency rose to as much as $10,218.01 on the CoinDesk Bitcoin Price Index (BPI). At this point, the world's largest digital currency by market capitalization (market cap) was up more than 70% from its recent low of less than $6,000. Charles Hayter, co-founder and CEO of digital currency data platform CryptoCompare, also weighed on the key impact of regulatory developments, emphasizing that they will always influence market sentiment. Disclosure: I own some Bitcoin, Bitcoin Cash and Ether.

Source: Forbes February 15, 2018 19:48 UTC