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Bitcoin's price is hitting new highs yet again this week, after passing the $1,500 mark during overnight trading.

According to the CoinDesk Bitcoin Price Index (BPI), markets climbed to as much as $1,540.71 in the past few hours of trading. The $1,500 price point was first crossed at around 1:15 UTC, BPI data shows, and apart from minor dips over the following two hours, it has stayed above that level since.

At press time, the average price of a bitcoin is $1,534.80, an increase of around 3% above the day's opening price of $1,492.00.

Market data further shows that other blockchain token markets are seeing new highs this morning. According to CoinMarketCap, the privacy-oriented monero has climbed above $25 for the first time.

Balloon image via Shutterstock

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