Bitcoin was trading at around $1,700 per coin until it surpassed the high of $2,000 per coin this week.

Obviously, the surge has gained interest from various media outlets around, still unconvinced that Bitcoin is nothing more short of a fad currency.

However, reports indicate that the rival cryptocurrency, Ethereum, has been rising significantly as well, starting the year at $8.24 on 1 January 2017 to hitting a high of $203 throughout the year so far.