Bitcoin hits new all-time high above $68,000 as Cryptocurrencies extend the rally

Bitcoin and Ether hit record highs on Tuesday, extending the rise from the previous day. The price of Bitcoin sometimes surged above $ 68,000, surpassing previous records set in late October.

The world’s largest digital currency rose to $ 68,521 and then fell slightly to $ 67,935.

According to data from Coin Metrics, it rose 3% at 4:30 pm Eastern Standard Time in the last 24 hours.