Bitcoin's price has exceeded the all-time high of $120,000, Binance data shows, Report informs.
As of 3:41 a.m. GMT, bitcoin’s price reached the $120,000 level (+1,87%).
Later, the price passed the $121,000 mark, reaching $121,014.73 (+2,82%).
On July 9, bitcoin’s price hit another all-time high, rising to $111,999.
Bitcoin is a decentralized system of a cryptocurrency based on the blockchain technology, which can be mined by any user participating in the system.
The concept was published in November 2008 by its author (possibly a group of authors) under the pseudonym Satoshi Nakamoto. Bitcoin’s popularity has peaked in recent years. Bitcoin emission is naturally limited, and most bitcoins have already been "mined."