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8/17, 4:36 PM (Source: TeleTrader)
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Bitcoin price hits one-year high

Bitcoin jumped over 2% on Monday and hit a daily high of $12,210.89 The last time the world's most famous cryptocurrency traded this high was a year ago.

The move came after data showed that the bitcoin hashrate, also known as the estimated number of tera hashes per second dedicated to mining blocks, jumped to a new all-time high of 129.03 tera hashes per second.

Bitcoin was up 1.98% at 10:39 am ET, changing hands at $12,153,9.

Breaking the News / VP