Article 27C0S Bitcoin tops $1,000 for first time in three years as 2017 trading begins

Bitcoin tops $1,000 for first time in three years as 2017 trading begins

by
Simon Goodley and agencies
from Technology | The Guardian on (#27C0S)

Digital currency outperformed all its central-bank-issued counterparts in 2016 with 125% rise in value

Bitcoin has started 2017 with a bang, with its value hitting a three-year high of more than $1,000 (815).

The nascent digital currency, which has been criticised as a vehicle for a range of nefarious characters from drug dealers to tax evaders to operate, outperformed all its central-bank-issued counterparts with a 125% climb in value in 2016.

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