Bitcoin Breaches New Milestone by Smashing Past $5,000 Mark

Bitcoin surged to a fresh record Thursday as the enthusiasm for cryptocurrencies showed little sign of abating.

The world’s largest cryptocurrency rose as much as 8.4 percent and was trading 7.9 percent higher at $5,209 as of 12:34 p.m. in London, resuming gains after a one-day break. As recently as December, bitcoin was trading at less than $1,000 dollars.

Source: Bitcoin Breaches New Milestone by Smashing Past $5,000 Mark

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