Bitcoin hit a fresh record high on Monday of $9,687 (£7,272) as the virtual currency shows no sign of slowing down in its pursuit of the $10,000 mark.
The cryptocurrency rose 4.5% on the Luxembourg-based Bitstamp exchange in early morning trading, which is its closest position to five figures. Furthermore, bitcoin prices have jumped 45% in the last two weeks alone, while soaring 918% since the end of 2016 when it was trading at just $952. However, pricing of the virtual currency is notoriously volatile. The recent surge in prices has been driven by the world's largest derivatives exchange operator CME Group last week announcing it would start offering bitcoin futures as early as December, according to Bloomberg. Gold trading sink...
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