Bitoin has appreciated in value by trading at a record $43,000 on Monday.
The latest rise happened after electric carmaker Tesla invested $1.5 billion in the digital currency.
Bitcoin hit $43,725.51 around 1300 GMT, before cooling slightly to $42,352.
The cryptocurrency is up around 50 percent since the start of the year.
Recall that the Central Bank of Nigeria last week banned transactions in cryptocurrencies in Nigeria.
