A worker helps to put the headpiece on top of a performer in a Bitcoin (BTC) costume at Thailand Crypto Expo 2022
Bitcoin surged to a new 2023 high Thursday, hovering near $37,000.
  • Bitcoin notched a new 2023 high Thursday, jumping 4.5% in 24 hours and hovering near $37,200.
  • The cryptocurrency has gained 134% in the last 12 months, and it's up 122% year-to-date.
  • Optimism continues to build around a spot bitcoin ETF, and CoinDesk noted a short squeeze in early trading Thursday. 

Bitcoin, the world's largest cryptocurrency by market capitalization, reached its highest price in 2023 on Thursday.