Bitcoin has set a new all-time record rising by more than 2 percent to $52,757, APA reports citing Sputnik.
The cryptocurrency, which climbed past the $50,000 threshold on Tuesday, has skyrocketed over the past year, seeing its price increase seven-fold.
Its value has also been driven up by a hefty investment by electric car manufacturer Tesla who announced in January it had purchased $1.5 billion worth of the cryptocurrency.