Bitcoin Hits New All-Time High of $8,020, Market Cap Exceeds $132 Billion

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The price of bitcoin has reached an all-time high of $8,020 on popular Bitcoin exchange Bitfinex.

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Total Market Capitalization also hit a new all-time high hitting over $132 billion.

Bitcoin is trading at $7,828.01 at press time, a gain of about 7.37 percent on the day.

On Nov 4, the price of the cryptocurrency increased to $7,888 just over a week after the price jumped above $7,000 for the first time.

Bitcoin Cash, the cryptocurrency that was cloned from the bitcoin hard fork, saw an decrease on the day, $884.45 (-27.07%) at press time.

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