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Bitcoin virtual currency breaks $1,000 mark

Posted on 28 November 2013

The value of a single bitcoin has surpassed $1,000 (£613) for the first time, according to MTGox, one of the virtual currency’s major exchanges. Bitcoin’s value has been rising rapidly since a US Senate committee hearing earlier this month.
Confidence grew after the committee described virtual currencies as a “legitimate financial service”. Bitcoin has become popular in part due to it being difficult to trace transactions………………………………………..Full Article: Source


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