The price of bitcoin has hit a new high for 2015, with the CoinDesk Bitcoin Price Index (BPI) peaking at $333.75 this morning.

Bitcoin, which opened the day at $313.31, rose 6.5% to $333.75 at 8.16am (UTC). It has since decreased to $326.55 at press time.

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The cryptocurrency began the year trading at $313.92, which was followed by a steep drop of more than 43% to $177.28 two weeks later, making headlines across the world.

Today’s peak price marks a 6.2% increase from the digital currency’s value on 1st January 2015, but a 57% decrease from the same day in 2014, when bitcoin was trading at $770.44.

The news comes after a steady climb since mid-September. Two days ago, the BPI peaked at $300 for the first time since 13th July, when it reached a high of $310.09.

Rocket launch 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.