The price of Bitcoin, on Tuesday, hit an all-time high, after crossing $69,000.
Bitcoin traded at $69,191, surpassing its previous record of $68,991, reported in November 2021.
However, shortly after the price surge to the record high, the cryptocurrency declined to $64,941.37 as of the time of filing this report.
The cryptocurrency has been on a bullish run, recording a 14.63 percent rise in the last seven days, and a significant surge of over 191.03 percent in the last year.
Similarly, some major altcoins are rising steadily in the last 24 hours, with Ethereum climbing 3.17 percent to $3,673.12, while Solana rose by 5.46 percent to $134.94.
The crypto market capitalisation has increased by 54.10 percent to $222.06 billion within a day.
According to reports, the record is buoyed by the largest cryptocurrency becoming more accessible for trade as supplies tighten.