Bitcoin (available on Coinbase) price bounced back this morning in a rather grand fashion, shooting up $1,000 in an hour.

As per CoinMarketCap, the Bitcoin (available on Coinbase)-U.S. dollar (BTC/USD) exchange rate skyrocketed to an April high of $7,796.25 at 04:44:35 UTC. At press time, the cryptocurrency is changing hands at $7,614 and is up 9.76% percent in 24 hours time. BTC’s price is down -18.7% for the month and down -44.7% year-to-date.

Source: CoinMarketCap

Last year, was an asTron (available on Binance)omical year for cryptocurrency as it caught mainstream adoption. BTC shot up a staggering $20,000 in its price in 2017, with most gains occurring towards the latter half of 2017. Mainstream media caught wind of cryptocurrency and everyone began buying in. Bitcoin (available on Coinbase)’s record high of just over $20,000 occurred when the Bitcoin (available on Coinbase) futures were being set to launch on Wall Street in mid-December.