Bitcoin's price has already spiked more than 1,000 percent in the past 12 months. Now it's flirting with another milestone: a $10,000 price for a single unit of the cryptocurrency.
Bitcoin's rise has been both meteoric and volatile, with surges in valuation often being driven by positive reports about its status. Earlier this year, for instance, Japan recognized bitcoin as an official method of payment. It has also continued to attract interest from investors.