Bitcoin (BTC), the most common cryptocurrency, has begun to reach new all-time peaks (ATHs), jumping beyond USD $63,000 for the first time in its existence and liquidating nearly USD 200 million in short-selling positions in less than an hour.
Ethereum (ETH), the most common smart contract network, has hit a new all-time high.
BTC is currently trading at about $63,194, down from $63,579 earlier today.
The price has risen by 5% in one day and 7.5% in one week. In a month, it increased by 3%, and in a year, it increased by 813%.