Bitcoin Price Chart (Image: NikonD300/MaxPixel)

Bitcoin Sets New Record as Price Tops $7,000

[Update: Bitcoin’s price passed $7,000 soon after 10:00 UTC, and has reached a record high of $7,034.14 so far today.]

Another day, another record…

Bitcoin prices have continued to climb overnight, building on

Bitcoin Price Chart (Image: NikonD300/MaxPixel)
Bitcoin Price Chart (Image: NikonD300/MaxPixel)

consecutive highs in recent days and ultimately reaching a new all-time high close to $7,000.

At 07:00 UTC, bullish bitcoin trading saw the cryptocurrency soar to a peak of $6,994.01, having opened the session at $6,750. At press time, the price of a bitcoin is $6,939, according to CoinDesk’s Bitcoin Price Index – a 2.8 percent gain for the day so far.

As per CoinMarketCap, bitcoin is up over 20.56 percent for the last 7 days, and its market capitalization has now peaked at over $116 billion.

Read more: CoinDesk

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