UPDATED 20:05 EST / 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.


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