The digital asset marks its highest dollar-denominated value since May 11, 2018. Other cryptocurrencies, including ethereum, are also sharply higher. Bitcoin surged on Monday, hitting a more-than-one-year high and nearing the $9,000 mark.
Bitcoin surges on Monday, nearing the $9,000 price level.
The price of the digital coin hit an intraday high of $8,937.25, according to Coindesk’s Bitcoin Price Index, which tracks the price of the cryptocurrency across several exchanges. That was the highest level since an intraday high on May 11, 2018.
The cryptocurrency has seen a renewal of interest in the past few weeks and its price is up over 140% so far this year.
