Bitcoin price soars above $5,000 to record high
by Julia Kollewe from 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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