The price of bitcoin has hit yet another all-time high, passing above $8,200 for the first time.

As of press time, markets had hit a high of $8,241.30, according to the CoinDesk Bitcoin Price Index (BPI). The market high marks a continuation of the trend that began over the weekend when the price popped above the $8,000 level during Sunday trading.

The new high also marks the latest twist in the volatile cryptocurrency’s price moves in recent days. As previously reported, the price of bitcoin was trading near $6,000 just over a week ago, having previously fallen from nearly $7,900 before then.

At press time, the price of bitcoin is trading at roughly $8,226.

Other cryptocurrencies among the top-10 group by market capitalization have seen gains in the past day, including ether, which hit an 11-week high this morning on reports of a new regulated derivatives product built around the cryptocurrency.

Ball bouncing image via Shutterstock

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The leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups.

This article is intended as a news item to inform our readers of various events and developments that affect, or that might in the future affect, the value of the cryptocurrency described above. The information contained herein is not intended to provide, and it does not provide, sufficient information to form the basis for an investment decision, and you should not rely on this information for that purpose. The information presented herein is accurate only as of its date, and it was not prepared by a research analyst or other investment professional. You should seek additional information regarding the merits and risks of investing in any cryptocurrency before deciding to purchase or sell any such instruments.