Bitcoin price news: How much is BTC worth and why is bitcoin rising today? | City & Business | Finance

The steady rise of bitcoin prices continues to march on, as prices rise further today.

Another 3.64 percent was added to the price of BTC today, pushing the current total up to $9,698.12, as of 3pm.

The cryptocurrency market is a flood of green this week, with most other digital tokens also seeing an increase. 

Ethereum is up past $803, Ripple jumped four percent to trade at $0.906 and Litecoin rallies to $162.71. 

Cardamon has leapt up into the top six cryptocurrencies over Litecoin, trading at $0.358, with a market cap of $9,288,061,895.

Why is bitcoin rising?

Bitcoin looks to be back on track, as a bullish market drives prices up throughout the tail-end of April.

May has been a strong month for the cryptocurrency, which has regularly jumped up by more than $100 in price every day for the last seven days. 

A contributing factor to this positive drive is a more widespread adoption to BTC development. 

Bitcoin has always struggled to recruit new developers to collaborate and work on the…