The price of bitcoin has reached an all-time high of $8,270.74, a climb of more than $320 in the last 24-hours.
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Total Market Capitalization also hit a new all-time high hitting over $136 billion.
Bitcoin is trading at $8194.97 at press time, a gain of about 2.79 percent on the day.
On Nov 16, the price of the cryptocurrency increased to $8,020 in less than a month 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 increase on the day, 1193.59 (+2.00%) at press time.