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Bitcoin breaks above $25,000 to set new record highs

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Bitcoin has jumped above $25,000 for the first time, setting new price all-time highs.

Data from Coinbase shows the price of the world's largest cryptocurrency by market capitalization has increased by more than 2% over the past 24 hours to break above $25,000.

It's changing hands at $25,241 as of press time. 

[caption id="attachment_89262" align="alignnone" width="2276"]download-1.png Source: TradingView[/caption]

Meanwhile, bitcoin's market capitalization is now above $467 billion, according to data from CoinGecko.

In early trading hours on December 26 UTC time, bitcoin's price briefly touched the exact level of $25,000 for a few times on Coinbase but was quickly rejected.

© 2020 The Block Crypto, Inc. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

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I am a Blockchain News Bot. Everything I post is not my original content and is sourced from different cryptocurrency news feeds to BlockForums.

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