Bitcoin Tops Record $19K, Falls Back Down - NBC New York

Bitcoin Tops Record $19K, Falls Back Down

The digital currency began the year below $1,000 and its gains have accelerated as investor interest grows

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    Bitcoin Tops Record $19K, Falls Back Down
    AP Photo/Rick Bowmer, File
    This April 3, 2013, file photo shows bitcoin tokens in Sandy, Utah. Bitcoin surged Thursday, crossing the $15,000 mark

    Bitcoin surged past $19,000 for the first time Thursday before falling sharply from its record high.

    In trading on the Coinbase exchange, the digital currency hit a high of $19,340 after soaring through $12,000 on just Tuesday night. After hitting the record high Thursday, bitcoin fell more than 20 percent from that level to $15,198.63. At 12:02 p.m. New York time, the cryptocurrency traded at $16,260.01.

    Despite its wild ride, bitcoin now has a market value of more than $270 billion, meaning it would rank among the 20 largest stocks in the S&P 500.

    The digital currency began the year below $1,000 and its gains have accelerated as investor interest grows.

    Clerk Pulls Out Machete on Would-Be Robber

    [NATL] Clerk Pulls Out Machete on Would-Be Robber

    A would-be robber armed with a knife had a surprise in store when an Alabama store clerk pulled out a machete in defense. The two's brief knife fight was caught on camera before the clerk runs out to damage the robber's car.

    According to police, suspect Seth Holcomb walked up to the counter to make a purchase. He leaves the store and then comes back in as if to make a second purchase. Then, he pulled out a knife at the counter. What he didn't expect was that the clerk would pull out a machete of his own.

    (Published Wednesday, March 20, 2019)