The price of bitcoin has hit a new all-time high, according to the CoinDesk Bitcoin Price Index (BPI).
The market average has risen to as high as $2,911.86 as of press time, BPI data shows, surpassing the previous all-time high of $2,791.69 set on 25th May.
Bitcoin prices began the month below $2,500, according to the BPI, trading as low as $2,330.23 on 1st June. Markets climbed above the $2,700 mark for the first time this month yesterday, rising steadily during Monday’s trading session.
At press time, the average price of bitcoin is $2,902.37, BPI data shows