RATE Group | Bitcoin price LIVE: Bitcoin facing bullish trend – BTC to reach $40,000 by end of 2018? …
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Bitcoin price LIVE: Bitcoin facing bullish trend – BTC to reach $40,000 by end of 2018? …

Bitcoin price LIVE: Bitcoin facing bullish trend – BTC to reach $40,000 by end of 2018? …

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Bitcoin graph

Bitcoin has seen both lows and highs this year, but will it go back up? (Image: GETTY)

Bitcoin has faced a tumultuous year so far, beginning 2018 on a high trading at $14,112 (£10,745) in January before plummeting to around $6,000 (£4560.99) in August. 

This means the cryptocurrency has lost over half of its value since the beginning of 2018.

The currency has risen back up from its lows, and is remaining somewhat steady around $6,400 (£4,862.88).

Below are live updates of pricing and latest industry opinions, all times in BST.

7.53pm update: Bitcoin latest price update

At 7.53pm Bitcoin was trading at $6352.64 (£4,818.96).

This is a decline from today’s high of $6,581.51 (£4,991.42) by more than 3.5 percent.

7.24pm update: A blockchain payment trial by JP Morgan has attracted 75 banks

A blockchain payment trial pioneered by JP Morgan in collaboration with Australia’s ANZ and the Royal Bank of Canada has attracted 75 banks to the testing phase according to the…

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