<p>Digital currency bitcoin jumped above $1,000 (£815) for <a href="http://www.businessinsider.com/r-bitcoin-jumps-above-1000-for-first-time-in-three-years-2017-1">the first time in three years</a> on Sunday, <a href="http://www.coindesk.com/price/">trading as high as $1,029 ($1,038)</a> on Tuesday, according to CoinDesk data. </p><p>This chart shows just how much the currency has increased over the past year (from November 9, 2015 to December 23, 2016). <a href="http://www.businessinsider.com/china-behind-latest-bitcoin-craze-2016-12">Business Insider's Jonathan Garber reports</a> on what's behind the move, attributing it to the continued rush of money out of China.</p><p><div class="KonaFilter image-container display-table"><div><div class="image on-image"><img src="https://static-ssl.businessinsider.com/image/586b9611dd0895d61f8b4d9c-1009/screen shot 2017-01-03 at 110745.png" alt="Bitcoin" data-mce-source="CoinDesk" /><p class="source"><span>CoinDesk</span></p></div><p></p></div></div></p>    <div class="margin-top">        <h3>NOW WATCH: <a href="http://www.businessinsider.com/plastic-surgery-double-eyelid-south-korea-explained-2016-12">Why Korean parents are paying for their kids to get plastic surgery</a></h3>        <div>            <div>    <script src="http://player.ooyala.com/v3/6e12e8b3387a44daacfb73afba25a76e"></script>    <div class="ooyala-video-player" data-video-autoplay="false" data-video-id="N3anZreDpn-2nQvRx1Ucqnt93GqH8mTZ" data-player-variable="ooyalapopvideo" id="ooyalaplayer_popvideo" style="width:1280px;height:720px"></div>    <script>    if (typeof RunFunctions === 'undefined') { var RunFunctions = []; }     RunFunctions.push(function()    {         var ooyalapopvideo = OO.Player.create('ooyalaplayer_popvideo', 'N3anZreDpn-2nQvRx1Ucqnt93GqH8mTZ',{ autoplay: 'false' });     });    </script>    <noscript><div>Please enable Javascript to watch this video</div></noscript></div>        </div>        <script>(function() { function createPlayer() { OO.ready(function() { RunFunctions.forEach(function(ooyalaFunction) { ooyalaFunction(); }); RunFunctions = [];}); } createPlayer(); }()); </script>    </div>

finance

BusinessInsider

This chart shows just how much the price of bitcoin has soared over the past year

Digital currency bitcoin jumped above $1,000 (£815) for the first time in three years on Sunday, trading as high as $1,029 ($1,038) on Tuesday, according to CoinDesk data. This chart shows just how much the currency has increased over the past year (from November 9, 2015 to December 23, 2016). Business Insider's Jonathan Garber reports on what's behind the move, attributing it to the continued rush of money out of China.CoinDesk NOW WATCH: Why Korean parents are paying for their kids to get plastic surgery if (typeof RunFunctions === 'undefined') { var RunFunctions = []; } RunFunctions.push(function() { var ooyalapopvideo = OO.Player.create('ooyalaplayer_popvideo', 'N3anZreDpn-2nQvRx1Ucqnt93GqH8mTZ',{ autoplay: 'false' }); }); Please enable Javascript to watch this video (function() { function createPlayer() { OO.ready(function() { RunFunctions.forEach(function(ooyalaFunction) { ooyalaFunction(); }); RunFunctions = [];}); } createPlayer(); }());

Digital currency bitcoin jumped above $1,000 (£815) for the first time in three years on Sunday, trading as high as $1,029 ($1,038) on Tuesday, according to CoinDesk data. This chart shows just how much the currency has increased over the past year (from November 9, 2015 to December 23, 2016).

This chart shows just how much the price of bitcoin has soared over the past year

Hannah Roberts

NOW WATCH: $4

READ MORE ARTICLES ON

Popular Right Now