<p>The price of bitcoin has surpassed the $15,000 market for the first time since January 2018. </p> <p>The move continues the price run that started in early October. On Thursday, bitcoin <a href="https://www.theblockcrypto.com/linked/83558/bitcoins-price-hits-new-2020-high-above-14200" target="_blank" rel="noopener noreferrer">reached</a> a new high for 2020 above $14,000. </p> <p>At press time, bitcoin is trading hands on Coinbase at about $15,150 — representing a 24-hour increase of nearly 9 percent. </p> <div id="attachment_83685"class="wp-caption aligncenter" style="max-width: 2128px;"><img class="has-caption wp-image-83685 size-full" src="https://www.tbstat.com/wp/uploads/2020/11/image-47.png" alt="" width="2118" height="1604" /><p class="wp-caption-text">Source: TradingView</p></div> <p>November has seen notable price movements, continuing a ramp-up in activity seen as October drew to a close. Open interest in bitcoin options <a href="https://www.theblockcrypto.com/linked/83511/october-was-a-massive-month-for-bitcoin-options" target="_blank" rel="noopener noreferrer">surged to an all-time high</a> by the end of the month, and monthly trade volumes also hit a new peak of $5.8 billion.</p> <p>October was <a href="https://www.theblockcrypto.com/linked/83282/bitcoins-adjusted-on-chain-volume-in-october-was-the-highest-seen-since-july-2019" target="_blank" rel="noopener noreferrer">a busy month</a> as well for overall network use, according to data collected by The Block. New data indicates that adjusted on-chain volume for the Bitcoin network has continued to grow since that time.</p> <p>&nbsp;</p> <p><iframe title="Bitcoin's Adjusted On-Chain Volume (Daily, 7DMA)" src="https://embed.theblockcrypto.com/data/on-chain-metrics/bitcoin/bitcoins-adjusten-on-chain-volume-daily/embed" width="100%" height="420" frameborder="0"></iframe></p>