Bitcoin just set a record high.
But what the hell is it?
Amid all the excitement around bitcoin (BTC) setting a new all-time high Tuesday, there’s oddness surrounding the auspicious event: little agreement on the new peak price bitcoin got to, or the prior pinnacle that got beat.
On Coinbase, the U.S.-based cryptocurrency exchange popular with retail traders, bitcoin got to a new high of $69,325. But Bloomberg says the fresh record is $69,191.94, Reuters says $69,202 and the CoinDesk Bitcoin Index (XBX) says $69,208.79. CoinGecko reports that bitcoin only reached $68,912.84 on Tuesday, which is not a new record, according to its tally.
Unsurprisingly, they also don’t agree on what the prior all-time high was back in November 2021, ranging from $68,990.90 on the low end from CoinDesk, to $69,044.77 on the high end from CoinGecko.
In the end, it probably doesn’t really matter very much. Bitcoin is soaring, and whales and small-fry investors alike are getting rich.
