Bitcoin Is Up 92% Since Yesterday

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The remarkable ride for Bitcoin traders continues today.

The virtual currency is now trading at $115, nearly double where it was yesterday, when Bitcoin plummeted to a low of $60 following a 12-hour trading halt on the world’s largest Bitcoin exchange, Mt. Gox.

On Wednesday, the currency topped out at $266 after staging an incredible run from levels around $15 in January.

The chart below, which goes back to April 6, shows the big crash this week and the big rebound over the last 24 hours or so.

bitcoin chart

READ MORE – A complete guide to what Bitcoin really is >

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Zoë Schlanger is Frontpage Editor at TPM. Zoë was a TPM intern in 2011, and prior to returning here she was editor in chief of NYU Local, the alternative independent student news site at NYU. Zoë has interned at places like the Nation, InsideClimate News, The Rachel Maddow Show and Gothamist. She can be reached at zoe@talkingpointsmemo.com.
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