'MURICA — Virtual currencies continue to gain in value as Bitcoin hit another all-time high on Tuesday, as investors now hope to break the $20,000-mark.
The interest in Bitcoin has also helped other cryptocurrencies hit record highs as well, Business Insider reported.
Both litecoin and ethereum hit all-time highs Tuesday morning. Ether reached $600 a token, while Litecoin gained more than 40 percent to $312.
Due to the huge surge in traffic, cryptocurrency trading platform Coinbase had to temporarily halt trading on litecoin and ethereum.
Coinbase's status page showed both cryptocurrencies were experiencing major outages.
The 10 largest cryptocurrencies were all trading in the green on Tuesday, CoinMarketCap reported.
But as digital currencies continues to set new records, many analysts are concerned that the speculative bubble will eventually burst.