The original cryptocurrency hits 15-month tall as traders bet move will legitimise sectorThe price of bitcoin has surged above $11000 (£8600),its highest level in 15 months, amid renewed hype over cryptocurrencies after Facebook said it was planning to launch a digital currency next year.
Bitcoin has risen in value by nearly $2000 in the week since the US technology firm revealed plans to create a cryptocurrency called Libra, or in a move that could radically reshape the financial landscape with far-reaching implications for governments and central banks around the world.
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Source: theguardian.com