[2017-01-05] Mint: Bitcoin nears all-time high as it becomes ‘safe haven’ asset

[polynesia]

Bitcoin nears all-time high as it becomes ‘safe haven’ asset

http://www.livemint.com/Money/jssrlWXqliolFXyt5bh3NP/Bitcoin-nears-alltime-high-as-it-becomes-safe-haven-asset.html

Bitcoin neared its all-time high Thursday, with the surging digital currency tipped to become a new safe haven asset as the world grapples with growing economic uncertainty.

The unit broke the $1,100 barrier on the Bitcoin Price Index, an average of major exchanges, to continue a dizzying rise that made it the best performing currency of 2016. It has fluctuated wildly since it was created in 2009 and lost three quarters of its value when it plummeted from its previous BPI high of $1,165.89 in 2013.

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[polynesia]

Wide coverage in other media publications as well.

http://www.ndtv.com/world-news/bitcoin-nears-all-time-high-as-it-becomes-safe-haven-asset-1645370
http://www.thehindu.com/sci-tech/technology/internet/Bitcoin-nears-record-high-as-it-becomes-%E2%80%98safe-haven%E2%80%99-asset/article16991897.ece
http://www.outlookindia.com/newswire/story/bitcoin-nears-all-time-high-as-it-becomes-safe-haven-asset/963885