Bitcoin Price Surges Above $60,000, Cryptocurrency Hits First High In Nearly A Month 04/11/21 AT 2:15 PM On talk of reduced supply, Bitcoin (BTC) nearly hit a new high Saturday, surging over $60,000 for the first time in almost a month. The price of the cryptocurrency reached $60,588.47, short of its all-time high of $61,712 from mid-March. In recent weeks, its price has vacillated in the $50,000s. The new gain put Bitcoin up about 116% from its low of $27,734 on Jan. 4, 2021. The surge comes about a month after President Joe Biden signed the $1.9 trillion stimulus bill. Justin d’Anethan, sales manager at Diginex in Hong Kong, broke down the reasoning behind the sudden Bitcoin surge.