CoinDesk’s Bitcoin Price Index Surges by 4.35% to Reach $103,225.49: A Data Analysis

Bitcoin NewsCoinDesk's Bitcoin Price Index Surges by 4.35% to Reach $103,225.49: A Data...

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The Bitcoin Price Index by CoinDesk showed a remarkable increase of 4.35%, taking the value to $103,225.49. This is a significant rise of $4301.72 in a single day. It’s the most considerable percentage jump since May 8, 2025, when there was a 5.31% increase.

This surge ends a three-day losing streak. Despite being down 1.47% month-to-date – the worst since March 2025 when it plummeted by 2.03%, the index is up by 10.5% year-to-date.

However, it’s worth noting that the index is down by 7.82% from its highest ever intraday peak of $111,986.44 on May 22, 2025. This is compared to a 74.39% rise from the same date 52 weeks ago (June 24, 2024), when Bitcoin traded at $59,191.39.

From its 52-week intraday low of $49,314.04 on August 5, 2024, the index has surged by 99.26%. The day saw the index peak at $103,342.75, an intraday rise of 4.47%, the highest since the 5.72% rise on May 8, 2025.

Note: The CoinDesk Bitcoin Price Index (XBX) reflects the value at 4 p.m. ET close. Data is compiled by Dow Jones Market Data.

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