Bitcoin hit a new 2019 record price Tuesday. The virtual currency reached $11464, the highest since March 2018.
After paring its gains slightly, Bitcoin is trading at $11232 as of this writing.
Bitcoin has been on a strong recovery path from its 2018 lows in recent months.
Last week it made significant gains, crossing the $10000 and $11000 thresholds within 24 hours. It reached a 15-month high of $11135 last Saturday.
Bitcoin market is experiencing the strongest buy-activities in recent months. During the last seven days, the cryptocurrency climbed by nearly 24 percent, or $2168. And it is more than 40 percent, or $3263 higher from where it was valued 30 days ago.
In the last 24 hours alone BTC gained 4.34 percent, or, $464.
Year-to-date, Bitcoin is 200 percent stronger.
