Bitcoin trades above $5,000 for first time ever
It has chalked up a more than fivefold increase in price since the start of the year
A Bitcoin and Dollar notes are seen in this illustration picture taken September 27, 2017.PHOTO: REUTERS
Bitcoin smashed through the $5,000 barrier for the first time ever on Thursday, jumping as much as 7 per cent to chalk up its biggest daily rise in over two weeks.
Bitcoin, the original and still the biggest cryptocurrency, has been on a tear recently, rallying nearly 75 per cent in barely a month.
Bitcoin is a fraud and will blow up, says JPMorgan CEO
It has chalked up a more than fivefold increase in price since the start of the year.
Earlier this week, Russia announced that it will block access to websites of exchanges that offer crypto-currencies such as Bitcoin, calling them “dubious”.
Bitcoin, the original and still the biggest cryptocurrency, has been on a tear recently, rallying nearly 75 per cent in barely a month.
Bitcoin is a fraud and will blow up, says JPMorgan CEO
It has chalked up a more than fivefold increase in price since the start of the year.
Earlier this week, Russia announced that it will block access to websites of exchanges that offer crypto-currencies such as Bitcoin, calling them “dubious”.