Bitcoin Tops $37K, Setting Record, Hours After Roaring Past $36K

The incredible ride that has been the price of bitcoin this year hit back-to-back milestones Wednesday as the leading cryptocurrency blasted past $36,000 for the first time ever, then a little over three hours later briefly crossed $37,000.

UPDATE (Jan. 5, 20:23 UTC): Adds possible reason for bitcoin rally.
UPDATE (Jan. 6, 00:05 UTC): Adds that bitcoin hit $37,000.