Bitcoin tops $60,000 and sets new high over the weekend as Elon Musk aims towards the "moon"

• Bitcoin approached all-time highs over the weekend, topping $60,000 for the first time in weeks.
• Elon Musk tweeted cryptically in an apparent reference to the rally, fueling speculation about his plans.
• The latest rally comes as the cryptocurrency continues to make gains at major, mainstream institutions.

Bitcoin surged above $60,000 for the first time since March, $4 on Saturday. As of 9:00am eastern time on Sunday, the currency was at $4.

The cryptocurrency is up over 700% from a year ago when a single bitcoin was below $7000. This year, bitcoin is up over 100% after a February rally brought the cryptocurrency over $50,000 for the first time.

Early Saturday morning, as the cryptocurrency was floating around its weekend high, Tesla and SpaceX CEO ($4) Elon Musk tweeted "$4," in an apparent reference to $4

Musk, a bitcoin booster whose company Tesla purchased $1.5 billion of bitcoin, $4, also helms up SpaceX. The company is planning the first civilian space flight to the moon in 2023.

Earlier this month, the $4 $4 would "$4." His latest tweet $4 that SpaceX may join Tesla in adding cryptocurrency to its balance sheet.

Bitcoin has been stuck in the upper $50,000 range $4.

$4 to Justin d'Anethan, a sales manager at digital asset company Diginex in Hong Kong, attributed the rally to a recent influx in investor attention, as supply tightens.

Bitcoin's liquid supply has been shrinking this year to record lows, $4. Supply has been tight as some of Wall Street's biggest firms have begun to invest in cryptocurrencies, while major payment firms $4.

$4 while the $4. $4 that bitcoin could set off a "massive transformation" in global finance, becoming the standard medium of trade, though it also highlighted the possibility of an "implosion."

The rally kicks off another major week for the crypto world. Coinbase, the largest cryptocurrency exchange in the US, is going public later this week and $4.