Monday, 27 November 2017

Virtual currency Bitcoin is at record high of $9,700 after jumping 4.5%



Virtual currency Bitcoin is at a record high of $9,700 after jumping 4.5% so far on Monday.

 
The move takes it to 20% above the level it stood at on Friday, according to the Luxembourg-based Bitcoin exchange, Bitstamp.


It started the year at around $1,000.


Virtual currencies are unregulated investments that bypass traditional banking systems. Their growth is of increasing concern to international regulators.





BBC       News.