Another day, another record…
Bitcoin prices have continued to climb overnight, building on 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.
Elsewhere in the markets, newly created cryptocurrency bitcoin cash is again making significant gains, trading at around $546, having risen 13.63 percent over the last 24 hours, and an astonishing 62.16 percent over the last 7 days.
The combined market cap for all cryptocurrencies is again at record highs, sitting at $188.5 billion at press time.
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Disclaimer: This article should not be taken as, and is not intended to provide, investment advice. Please conduct your own thorough research before investing in any cryptocurrency.