Bitcoin's price crosses $22,000 for the first time

Bitcoin's price has been hitting new records. It has crossed $22,000 for the first time.

At the time of writing, the world's first and largest cryptocurrency is trading hands at around $22,167 on Coinbase, according to TradingView.

The surge to $22,000 occurred in less than 12 hours. Last night, bitcoin was trading at around $21,260.
Source: TradingView