Article 34TFR Bitcoin price soars above $5,000 to record high

Bitcoin price soars above $5,000 to record high

by
Julia Kollewe
from Technology | The Guardian on (#34TFR)

Rising price of the cryptocurrency, now worth four times as much as an ounce of gold, has led to warnings of a bubble

The price of bitcoin has smashed through $5,000 to an all-time high.

The cryptocurrency rose by more than 8% to $5,243 having started the year at $966. Bitcoin has soared by more than 750% in the past year and is worth four times as much as an ounce of gold.

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