Bitcoin Price Smashes High for 2019: Things are Looking Bright10

On May 3rd, the bitcoin price hit its all-time high valuation so far this year just shy of the $5,800 USD mark on Coinbase — another possible sign that the cryptoeconomy really is entering another bullish phase.

Accordingly, the bitcoin price was up more than four percent on the day, up 10 percent on the week, up 66 percent over the last three months, and up 1,166 over the last five years. The OG crypto peaked at approximately $20,000 in December 2017 and then experienced a prolonged bear market in 2018, meaning BTC is still down 41 percent on the year as such.

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