The price of Bitcoin was up at $77,000 as it hit a fresh all-time high, according to Binance platform data as of 10:15 p.m. Moscow time (7:15 p.m. GMT), Paralel.Az reports.

The Bitcoin price had extended gains trading at $77,109.

Bitcoin is a cryptocurrency invented in 2008 by an unknown person or a group of people using the name Satoshi Nakamoto. It is a decentralized digital currency without a central bank or single administrator that can be sent from user to user on the peer-to-peer bitcoin network without intermediaries.