Bitcoin traded near its all-time high price late on Thursday after the intense debate over the cryptocurrency's future appears to be heading to a positive end.
The price of bitcoin hit a high of $2,948.51 on Thursday evening, just shy of the record high $3,025.47 reached on June 11, according to data from CoinDesk.
While the price pulled back over the next couple of hours, it is significantly higher than the $2,294.40 handle it began trading at on Thursday morning. Bitcoin has taken a hit in recent days because of the uncertainty over its future.