Bitcoin Hits All-Time High as Currency Controls Drive Fear

By Olga Kharif Via bloomberg.com

  • “The digital currency, which just turned eight years old, reached $1,140.64, which was higher than the $1,137 it hit in November of 2013. In December, bitcoin also surpassed its previous all-time high in total market capitalization, which now exceeds $16.1 billion”
  • “The latest increase was driven by capital or currency restrictions in countries ranging from China to India and Venezuela, where people purchased bitcoin to protect their savings, as well as increased adoption by investors. The digital currency beat every other currency, stock index and commodity contract as an investment last year”

Read more here… 

(Almost All time highs at the Bitfinex exchange (USD)

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