Published on October 13th, 2017 | by bitcoin0
The world’s biggest cryptocurrency reached its latest milestone Thursday, as the value of bitcoin surged past $5,000.
Coming only two months after the currency reached $4,000, Thursday’s landmark is the latest testament to bitcoin’s meteoric rise.
While the currency did appear to reach $5,000 for a few minutes in September, this is the first sustained period where its value has cleared that mark.
And with considerable room to spare — as of press time, bitcoin’s value was hovering $5,300.
To put bitcoin’s rise into perspective, its all-time high was $1,400 as recently as this April.