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Bitcoin passes $5,000 to hit fresh all-time high





Bitcoin october 12 1

LONDON — Bitcoin has hit a fresh all-time high on Thursday, passing above the $5,000 mark for the first time in its history in early morning European trade.

By 9.20 a.m. BST (4.20 a.m. ET) the cryptocurrency is trading up by close to 6.5% on the day, hitting a value of $5,136, as the chart below illustrates:

Bitcoin has seen its value increase by more than $750 per coin in the last week alone, with a rally that coincides with renewed interest in the currency from investment banks. The Wall Street Journal last week reported that Goldman Sachs is looking read more >>>

Source:: BusinessInsider.Com

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