Wild swings for bitcoin are the norm. The value of bitcoin briefly jumped to over $ 500 on 2 April , with experts unable to account for the sudden rise . The cryptocurrency rose by 15 % to reach its highest recorded level since November , stabilising at just below $ 5,000 . It has risen by around 25 % in December and by more than 60 % since dropping to around $ 500 in December . The cryptocurrency peaked at close to $ 20,000 in 2017 .
The value of bitcoin briefly jumped to over $ 500 on 2 April , with experts unable to account for the sudden rise . The cryptocurrency rose by 15 % to reach its highest recorded level since November , stabilising at just below $ 5,000 . It has risen by around 25 % in December and by more than 60 % since dropping to around $ 500 in December . The cryptocurrency peaked at close to $ 20,000 in 2017 .