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.