In November 2020, bitcoin again surpassed its previous all-time high of over $19,000.[31] After another surge on 3 January 2021 with $34,792.47, bitcoin crashed by 17 percent the next day.[32] bitcoin traded above $40,000 for the first time on 8 January 2021[33] and reached $50,000 on 16 February 2021.[34] On Wednesday, 20 October 2021, bitcoin reached a new all-time high of $66,974.[35]