The value of a bitcoin reached a new all-time high of $5,856.10 at around 02:45 UTC this morning.
Bitcoin started the session today at $5,439, before rising sharply to the new high within 3 hours. Today's low was $5,396.
The price of the cryptocurrency has since dropped to $5,704 at press time – a rise of around 13 percent over the last 24 hours. For the week, bitcoin is up over 30 percent.
The combined market cap for all cryptocurrencies is once again climbing towards the Sept. 1 high of $172.5 billion, peaking this morning at $171.94 billion. Bitcoin's market cap is today $95.5 billion, over 55 percent of the total market.