The bitcoin price has added some 10% over the last 24 hours, climbing to over $3,500, according to recent prices seen on the Luxembourg-based Bitstamp exchange. The price bounce will fuel investor hopes the worst could be over for the embattled bitcoin price. Today is the one year anniversary of the bitcoin price peaking at a little over $19,000. Bitcoin is down 83% since its all-time high, while ripple (XRP) and ethereum have also recorded similar loses. The total value of all cryptocurrencies added $13 billion to the market value today, rising to $115 billion.

Source: Forbes December 17, 2018 20:21 UTC