Moscow: The price of bitcoin, the most popular cryptocurrency, hit a new all-time high above $58,000 on Sunday.
On Binance, the largest cryptocurrency exchange in terms of trading volume, Bitcoin was trading up 2.12 percent to over $58,000 as of 20:01 GMT.
According to the CoinMarketCap portal, which calculates the average price for more than 20 exchanges, Bitcoin is now rising in price by 1.68 percent to $58,113.