Bitcoin price surpasses $7,900 for the first time, approaching $8,000

The price of bitcoin is spiking, climbing above $7,900 for the first time since Nov. 8.

At press time, the price of bitcoin is at an average of $7,937.98 and this is by far bitcoin’s all-time high.

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Though the $8,000 milestone may be in sight – a possibility floated by analysts at Goldman Sachs – additional market data reveals a notable achievement. According to, cryptocurrency markets have seen in excess of $10 billion in trading volume in the past 24 hours.

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