The price of bitcoin has reached an all-time high of $11,517.40, according to the popular cryptocurrency market website, CoinMarketCap.com.
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Total Market Capitalization also hit a new all-time high hitting over $192 billion.
Bitcoin is trading at $11,102.20 at press time, a gain of about 10.61 percent on the day.
Just yesterday, the price of the cryptocurrency increased to $10,000 for the first time.
Bitcoin Cash, the cryptocurrency that was cloned from the bitcoin hard fork, increased on the day, $1,609.31 (2.47%) at press time.