The value of a bitcoin reached a new all-time high of $5,856.10 at around 02:45 UTC this morning.
The new price record comes just hours after setting new highs with a strong move beyond $5,000 yesterday, according to CoinDesk's Bitcoin Price Index. At 16:30 UTC Thursday, bitcoin was at $5,363.
Bitcoin started the session today at $5,439, before rising sharply to the new high within 3 hours. Today's low was $5,396.
The price of the cryptocurrency has since dropped to $5,704 at press time – a rise of around 13 percent over the last 24 hours. For the week, bitcoin is up over 30 percent.