Bitcoin surged to a fresh record high of more than $63,000 on Tuesday, as investors awaited the highly-anticipated stock market debut of cryptocurrency exchange Coinbase.
The price of bitcoin climbed as high as $63,236, according to data from Coin Metrics, before easing slightly to around $62,877. It was last up about 5% in the last 24 hours. Ether, the second-most valuable digital coin after bitcoin, also set a fresh record, climbing to $2,230.