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WEKU
WEKU
Business
Alina Selyukh

Pricier Easter bunnies and eggs. Half-dipped Kit Kats. What's up with chocolate?

Bitcoin Cadbury Hershey Mars
Chocolate Easter bunnies wait to be decorated at a shop in Belgium. (Virginia Mayo/AP)

Cocoa prices are going nuts: The bean is now more valuable than several precious metals and has surged faster than even bitcoin.

After cocoa passed the all-time record it hit in 1977 of $5,400 per metric ton, right before Valentine's Day – melting not just hearts but also wallets – one of the cocoa prices this week topped a whopping $10,000 per metric ton. Just in time for chocolate Easter bunnies.

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