Bitcoin’s price hit an all-Time high of $2,400, according to cryptocurrency trading website CoinDesk.
This marks a significant increase over the previous all- time high of about $2.30, set in February 2018.
The cryptocurrency hit a high of more than $3,000 in late April, a month before the cryptocurrency began its meteoric rise.
In fact, it was one of the most significant highs in more than a year, surpassing the $2-million mark.
The cryptocurrency is currently trading at about $3.60.
The bitcoin price is up over 70% from its April highs.
In May, it reached a record high of around $1,600, a price that is now at or near the all-timer high.