” The price of the digital currency bitcoin rose to a new all-time high above the $7,000 level on Thursday, extending a recent record rally.
On the U.S.-based GDAX exchange, Bitcoin hit a high of $7,089.80 and was at $7,040.80 by 05:42 AM ET (09:42 AM GMT).
Bitcoin is up as much as 640% this year after starting the year near $1,000 and at current prices has a total market capitalization of around $117 billion.
The digital currency has been boosted by news that futures markets operator CME Group is planning to launch bitcoin futures later this year, pending regulatory approvals. ”