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Nov. 20, 2017

Bitcoin (TIKER: BTC.EXANTE) hit a fresh all-time high Sunday above the $8,000 mark after a wild week for the cryptocurrency, CNBC reported.

On Sunday around 8:00 p.m. London time, it hit a record high of $8,101.91, according to data from industry website CoinDesk. Bitcoin held above $8,000 in early trade on Monday.

It’s now up more than 700% this year after shrugging off a tumble of as much as 29% earlier this month.

The rally comes on the back of a huge sell-off on Sunday, November 12,where the price of Bitcoin fell to around $5,500. That low, to the record high on Sunday, marks a more than 47 percent increase in the cryptocurrency's price.

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