This followed a pick up in demand by traders and buyers for the cryptocurrency.
It also came amid optimism that the Federal Reserve will cut interest rates this year.
According to Bloomberg data, the unit hit a peak of $71,432 in afternoon Asian business, which means it has advanced almost 70 percent this year.
Reportedly, the rally was helped by news that Britain’s Financial Conduct Authority had said it would allow the creation of crypto-related securities.
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The development comes after US authorities gave the green light this year to exchange-traded funds pegged to bitcoin’s spot price, persuading some mainstream investors to take the plunge by adding the unit to their portfolio.
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