BTC blasts past $7,000 to reach another record high in 2017

Bitcoin’s incredible march continues in 2017 after the cryptocurrency broke $7,000 per coin for the first time. The surge even saw it go on to reach a high of $7,200 on some exchanges.
The price reached a high of $7,140 on popular exchange Coinbase, that was up nine percent over the last 24 hours, but it since dropped to $7,075.

That last month has been an even crazier rollercoaster — bitcoin surpassed $5,000 on October 12 and it has defied naysayers and continued to increase steadily in recent weeks.