
Bitcoin's price has been on a relentless upward trajectory this year, has surged by 133% year-to-date, surpassing the $38,000 mark on Friday morning. It is the highest level for the cryptocurrency in the past year and a half.
The digital asset (usually looked online as BTC-USD) almost touched $39,000, clocking in at $38,900 at 5:05 am ET, its highest level since May 2022, before pairing its gains. Bitcoin had briefly touched $38,000 last Friday after Thanksgiving Holiday.