So far, bitcoin’s price has soared in 2020. The economic shock amid the COVID-19 pandemic has driven investors to assets deemed less-exposed to the traditional financial system. Today, bitcoin’s price was $11,861.99 at 7:22 a.m. ET, which gives it a valuation of $219 billion. At some point in 2017, bitcoin’s price soared to almost $20,000. The current price shows bitcoin trading about 40 percent below its peak price.