Bitcoin tripled in the first half of 2019

Bitcoin tripled in the first half of 2019

Bitcoin enjoyed sharp gains during the first six months of this year, rising more than 200% as the digital currency benefited from numerous tailwinds.

The cryptocurrency, which started out 2019 below $4,000, climbed to nearly $14,000 in late June, according to CoinDesk data.

The digital asset finished the first half of the year at $11,139.22, returning 202% in that time, additional CoinDesk figures show.

Bitcoin volatility was relatively modest during the first quarter, but increased significantly during the second.

While the digital currency was up only 11.7% year-to-date (YTD) at the end of March, it had risen 44.3%, 131.7% and 201.86% by the end of April, May and June.

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Source: Bitcoin Tripled In The First Half Of 2019