Bitcoin hits new record high of $10,044.29

By REUTERS
November 29, 2017 04:30
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Breaking news. (photo credit: JPOST STAFF)

SINGAPORE - Virtual currency bitcoin rose to an all-time high above $10,000 on Wednesday, according to data on blockchain and cryptocurrency website Coindesk.

The high of $10,044.29 took its gains in the past month to about 63 percent. On another major trading platform, the Luxembourg-based BitStamp, bitcoin was trading just shy of that big figure at $9,999.

It has soared more than 900 percent so far this year, posting the largest gain of all asset classes, on expanding financial and mainstream use.


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