[2016-12-22] NDTV: Bitcoin's Total Value Hits Record High Above $14 Billion

[polynesia]

Bitcoin's Total Value Hits Record High Above $14 Billion

http://profit.ndtv.com/news/market/article-bitcoins-total-value-hits-record-high-above-14-billion-1640810

The total value of all bitcoins in circulation hit a record high above $14 billion on Thursday, as the web-based digital currency jumped 5 per cent on the day to its highest levels in three years after more than doubling in price this year.

The price of one bitcoin reached $875 on the Europe-based Bitstamp exchange, its strongest level since January 2014, putting the cryptocurrency on track for its best daily performance in six months.

That compared with levels around $435 at the start of the year, with many experts linking bitcoin's rise with the steady depreciation of the Chinese yuan, which has slid almost 7 per cent this year.

[polynesia]

Covered extensively by all media houses. 

http://timesofindia.indiatimes.com/global/bitcoins-value-hits-record-high-above-14-billion/articleshow/56132884.cms
http://www.livemint.com/Money/WAEXlY1C8DNwXUdtTlItrI/Bitcoins-total-value-hits-record-high-above-14-billion.html
http://tech.firstpost.com/news-analysis/bitcoin-total-value-hit-an-all-time-high-going-above-14-billion-354340.html
http://www.news18.com/news/tech/bitcoins-total-value-hits-record-high-above-14-billion-1325587.html