Bitcoin Surges Above $60,000 Level for First Time Ever

The bitcoin, the most popular cryptocurrency, hit a fresh record high above $60,000 on Saturday, according to trading data.

The price of the bitcoin cryptocurrency hit a new all-time high above $60,000 on Saturday, according to trading data.

As of 11:29 GMT, bitcoin climbed by 5.77% to $60,104 on Binance, the largest cryptocurrency exchange in terms of trading volume.

According to the CoinMarketCap portal, which calculates the average price based on data from more than 20 exchanges, bitcoin rose by 7.08% to $59,952 as of 11:33 GMT.

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