Bitcoin hit another all-time high Thursday morning, surpassing $7,000 for the first time.
The cryptocurrency has had a bullish streak throughout the week following the CME's announcement that it will introduce bitcoin futures contracts.
According to data from CoinDesk, the virtual currency reached an all-time high of $7,355.35 at about 7:16 a.m. ET before trading at $6,895.41. The jump in price saw the virtual coin rise by more than 7 percent on the day.
A surge in the digital coin's value saw the total market value of all cryptocurrencies top $189 billion for the first time Thursday. The market cap of bitcoin alone is currently more than $121 billion, according to data from industry website Coinmarketcap.