The price of bitcoin has continued to surge, reaching new all-time highs of $1,200 in the past 24 hours.
In fact, the price of the digital currency is now up about 2.5% in the last 24 hours, according to data from CoinDesk.
But the news is still good for many.
In the last six weeks, bitcoin has seen a 30% increase in trading volume and the price has increased by over $1.3 billion in value, according a report by cryptocurrency news site CoinDesk that tracks trading volumes.
That translates to about $5.6 billion in market value over the last 6 months.
While bitcoin is still relatively volatile compared to other cryptocurrencies, it is growing rapidly, with new altcoins coming online every day.
Bitcoin’s value has risen by more than $2,000 in the first week alone, and its value has continued its rise.
In the first five months of 2017, bitcoin had traded at about $1 billion.
By the end of that year, the currency had climbed to a new all time high of more than a million dollars.
And bitcoin has more than doubled in value over that period, with the price recently reaching $3,200 per coin.
But this year’s price surge is not all good news for bitcoin.
For one, there is no clear indication as to when the altcoin will be phased out by the U.S. government.
For the most part, it has been trading at a relatively high price point since it was created in 2009.
And if the U-S-Bureau of Corporations (USBC) does remove bitcoin from the official list of virtual currencies, it will be a major blow to its adoption and the future of cryptocurrency.
In its proposed guidance, the UBC warned that bitcoin could be considered a “virtual commodity,” which would require a separate regulatory framework for that currency.
This would be a significant blow to bitcoin’s market value.
But the bitcoin community is already fighting back against the government.
In addition to bitcoin enthusiasts, there are also several bitcoin exchanges and cryptocurrency miners.
In response to the UBS warning, the bitcoin price has rallied more than 60% since November.
That means that the price is currently trading at about 8.6 times its value.
Bitcoin is currently worth about $3.9 trillion.