Bitcoin Hits New All-Time High of $7,461, Market Cap Exceeds $124 Billion

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The price of bitcoin has reached an all-time high of $7,461.29, a climb of more than $93 in the last 24-hours.

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Total Market Capitalization also hit a new all-time high hitting over $124 billion.

Bitcoin is trading at $7,170.32 at press time, a loss of about 0.19 percent on the day.

On Nov 2, the price of the cryptocurrency increased to $7,367.33 just over a week after the price jumped above $6,000 for the first time.

Bitcoin Cash, the cryptocurrency that was cloned from the bitcoin hard fork, also saw an increase on the day, $623.907 (+0.35%) at press time.

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