Bitcoin has rallied more than 6 percent in a matter of hours after a $15 billion deal with a global payments company.
The price of bitcoin climbed to $13,038, up from $12,600 earlier in the day, after the deal was announced by Zelle, a Swiss bank.
The value of the digital currency has also risen.
The bank, based in Zurich, Switzerland, has a network of more than 400 branches across the globe.
The deal was first reported by Bloomberg.