This is the second time this year the world's most popular cryptocurrency reached this level.

Bitcoin gained more than 10% in 24 hours by the end of 21 June, breaking the 30,000-dollar price mark for the second time this year, TradingView data shows.

The last time bitcoin reached above this level was in April 2023.

The boost came as a result of demand for bitcoin at a number of crypto exchanges including BlackRock, Invesco and WisdomTree, and the launch of EDX.

The latter is backed by Fidelity Digital Assets, Charles Schwab and Citadel Securities and will offer four tokens in the U.S. such as bitcoin, ether, bitcoin cash and litecoin.