Bitcoin has continued its scorching surge into Monday morning, rising within striking distance of $85,000 for the first time. And amid the fast-moving market, with many cryptocurrencies pumping right now, traders are bombing out on futures bets, with liquidations hitting $684 million over the past 24 hours.

As of this writing, Bitcoin's new all-time high mark sits at $84,929, per CoinGecko, though the price has dipped slightly to $84,418 at present. Even so, BTC is up over 6% on the day and 23% over the last week. Coinbase data shows that the price of Bitcoin came within $0.02 of hitting $85,000 late Monday morning, though CoinGecko doesn't show quite as close of a call.

Bitcoin had held an all-time high price mark of $73,737 from March through to Election Day last week, but broke that barrier as Donald Trump started wrapping up his win. Now the leading cryptocurrency has added more than $11,000 to that record.