Is a massive 2016 hit for Jonas Blue and Dakota.
Believe it or not, Bitcoin is the fast car of all types of equities over the past 12 months. The digital currency just hit a fresh record today.
Bloomberg has the story. Read below :
Bitcoin hit an all-time high Wednesday, according to Bloomberg data, thanks to continued adoptionin China and other parts of the world where traditional currencies are tightly controlled.
The digital currency, which just turned eight years old, reached $1,140.64, which was higher than the $1,137 it hit in November of 2013.
In December, bitcoin also surpassed its previous all-time high in total market capitalization, which now exceeds $16.1 billion.
The latest increase was driven by capital or currency restrictions in countries ranging from China to India and Venezuela, where people purchased bitcoin to protect their savings, as well as increased adoption by investors.
The digital currency beat every other currency, stock index and commodity contract as an investment last year.
