The price of Bitcoin was up at $77,000 as it hit a fresh all-time high, according to Binance platform data as of 10:15 p.m. Moscow time (7:15 p.m. GMT).
By 10:45 p.m. Moscow time (7:45 p.m. GMT) the Bitcoin price had extended gains trading at $77,109.
According to crypto tracking website CoinGecko, the top cryptocurrency has surged 113,011% since 2013.
Bitcoin’s price is expected to rise further, showing heightened optimism and enthusiasm among investors due to recent political developments, Quartz reported.
