This cycle repeated two more times in 2013. In May 2013, bitcoin's price briefly rose above $250, before falling by about 80 percent. Then in late 2013, bitcoin's price rose above $1,000 before once again crashing by 80 percent. The current boom—which has taken the currency from a low of $200 in early 2015 to a high above $10,000 in recent days—is the fourth major bitcoin boom.