UPDATED 20:05 EDT / NOVEMBER 27 2013

NEWS

Bitcoin value hits $1,000

In what is by far the first ever time, BTC value has hit an average of $1,000 USD across exchanges. This is historic perhaps only because modern mathematics is base-10 and people psychologically love powers of ten, but it’s also notable because that’s a lot of money.

Right now, on BitcoinAverage, 1 BTC = $1,000.36 USD as a weighted average across exchanges and its sitting at about $1070.60 USD on MtGox.

This could change dramatically between this post and tomorrow; but right now it’s sufficient to say that BTC has hit a milestone value.

Wow.


A message from John Furrier, co-founder of SiliconANGLE:

Support our mission to keep content open and free by engaging with theCUBE community. Join theCUBE’s Alumni Trust Network, where technology leaders connect, share intelligence and create opportunities.

  • 15M+ viewers of theCUBE videos, powering conversations across AI, cloud, cybersecurity and more
  • 11.4k+ theCUBE alumni — Connect with more than 11,400 tech and business leaders shaping the future through a unique trusted-based network.
About SiliconANGLE Media
SiliconANGLE Media is a recognized leader in digital media innovation, uniting breakthrough technology, strategic insights and real-time audience engagement. As the parent company of SiliconANGLE, theCUBE Network, theCUBE Research, CUBE365, theCUBE AI and theCUBE SuperStudios — with flagship locations in Silicon Valley and the New York Stock Exchange — SiliconANGLE Media operates at the intersection of media, technology and AI.

Founded by tech visionaries John Furrier and Dave Vellante, SiliconANGLE Media has built a dynamic ecosystem of industry-leading digital media brands that reach 15+ million elite tech professionals. Our new proprietary theCUBE AI Video Cloud is breaking ground in audience interaction, leveraging theCUBEai.com neural network to help technology companies make data-driven decisions and stay at the forefront of industry conversations.