The bitcoin rate renewed the historical maximum: It shot up by more than 12% on Wednesday just a day after the cryptocurrency passed both the $13,000 and $14,000 milestones, MarketWatch reported.

According to CoinMarketCap, Bitcoin jumped to $15,058.30 on CoinDesk. The cryptocurrency boosted its market capitalization to almost $246 billion.

The market value of bitcoins is now more than almost all companies’ capitalization whose shares are included in the index calculation of the Standard & Poor's 500.

The cryptocurrency pushed up to more than 1400% since the beginning of the year.

The Telegraph last week announced the first bitcoin billionaires.