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The price of bitcoin has exceeded its previous all-time high of $3,000, soaring to $3,200 for the first time.
Figures from Coinbase show the market started moving around 03:00 a.m. when bitcoin’s price climbed above $2,900. At 10:30 a.m., bitcoin recorded a new historic high when it reached $3,200.
Today’s new high pushes the the market value of bitcoin up to $52.1 billion with the entire market now worth $108.9 billion. Over a 24-hour period, the number one digital currency increased its value by 10.19 percent while its value rose by 15.40 percent over the past seven days, according to CoinMarketCap.
It marks a new milestone for bitcoin as it hasn’t seen $3,000 figures since 12 June.