The price of bitcoin has reached an all-time high of $8,348.66, 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 $139 billion.
Bitcoin is trading at $8212.29 at press time, a gain of about 0.10 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, 1202.24 (+0.95%) at press time.