Bitcoin hits new record high, breaking $8,000 for the first time
- On Sunday around 8:00 p.m. London time, it hit a record high of $8,101.91, according to data from industry website CoinDesk
- The rally comes on the back of a huge sell-off on Sunday, November 12, where the price of bitcoin fell to around $5,500
- That low, to the record high on Sunday, marks a more than 47 percent increase in the ocurrency's price