Thursday, January 10, 2013

Bitcoin Surges Through $14 US, $1 Shy of 18-Month High

The currency that never sleeps hit $14.32 USD/BTC today, surging past the $14 mark for the first time since August 2012 and only $1.08 shy of a new 18 month high.


While trading was locked in the mid $13-range for over a month, recent news regarding adoption of the currency, significant investments from venture capitalists, and the success seen in the gambling sector have likely contributed to the price surge. I'm not sure we've gone mainstream yet, but when Rush Limbaugh and John Stossel start throwing around the term "Bitcoin," you know something is up.

5 comments:

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