The value of the cryptocurrency bitcoin has surged to a record high, reaching $63,000 (£45,800).
The cryptocurrency, which has risen in value by 450% in the last six months, continued to climb by a further 5% during trading on Tuesday.
Bitcoin’s price has more than doubled since the start of 2021. The digital currency has been on a rollercoaster ride in the last year, and was trading at about only $7,000 in April 2020.
The smaller, rival cryptocurrency Ethereum also rose on Tuesday, reaching its own record high of $2,205.
The fresh records were set a day before the launch of the US’s largest cryptocurrency exchange, Coinbase, on Wall Street’s tech-heavy Nasdaq stock exchange.