The price of the world’s first and largest cryptocurrency spiked over $200 in the early trading hours of Tuesday (UTC) to hit a high of $8,043 (Bitfinex), a figure unseen since trading levels on May 22.
At press time, bitcoin is trading to the dollar at $8,018 after days of sustained momentum that sees the value of the cryptocurrency make gains after hitting a 2018-low of $5,755 on June 24, a month ago to the day.