Bitcoin's Price Breaks Past $24,000 To Set New All-Time High

The price of Bitcoin hit a new all-time high of $24,085 today, capping a blockbuster week in the crypto markets.

Though the asset has settled back down to around $23,700, Bitcoin is still up 5% today and nearly 30% for the week.

BitcoinBTC · USD

$83,248+6.91%

24H7D1M1YYTD

Aug 29Sep 6Sep 13Sep 21Sep 28

$86.7k$83.0k$79.3k$75.6k

24h HighHigh$84,945

24h LowLow$82,581

VolVol$1.6B

Market projectionsOdds by Myriad

Today$82,000 to $84,000$82k–$84k91% chanceThis weekBelow $84,000Below $84k58% chanceThis month$82,000 to $84,000$82k–$84k91% chance

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Price data by CoinGeckoCoinGeckoMore Bitcoin news and projections →

Bitcoin, by far the largest cryptocurrency by market cap, has been maintaining momentum since October, but things accelerated significantly on Thursday when it rose by around $20,000 to $23,000 overnight.

This gave a boost to altcoins, and Litecoin in particular; the Bitcoin alternative has shot up over 50% this week.