Valuation has been helped by the devaluation of the Yuan in China.
Bitcoin owners have had a successful start to 2017 as the valuation of the crypto currency surpassed $1,000.
Towards the end of 2016 the digital currency saw the price of one Bitcoin reach $875 on the European Bitstamp exchange, now it is valued at $1,012.74, at time of writing.
The value of bitcoin has shot up in recent months that in part to the devaluation of the Yuan by China and India s removal of high valuation bank notes.
The valuation of over $1,000 marks the first time in three years it has gone past this point.
One of the biggest boosts to the currency s value was the US election win by Donald Trump.