Bitcoin Exceeds USD16k, Up 50% in One Week

تم نشره في Thu 7 December / Dec 2017. 01:00 AM
  • Bitcoin - (Getty Images)

CAPITALS — Bitcoin has breached the USD16 thousand mark, extending the digital currency's record-breaking surge.

The cryptocurrency began the year below USD1,000 but continues to rise despite warnings of a dangerous bubble.

According to, Bitcoin reached USD16,050.83 (GBP11, 928.78), having soared over 50 per cent in a week.

The new high comes days before the launch of Bitcoin futures on two exchanges, including the world's largest futures exchange, CME.

Spread betting firm CMC Markets said the rise had all the symptoms of a bubble market, warning "there is no way to know when the bubble will burst".