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Bitcoin price soars, fuelled by speculation and volatile currencies
Published Wed, Jan 4, 2017 · 09:50 PM
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San Francisco
THE virtual currency bitcoin has been swept up in yet another speculative frenzy, pushing its price towards the peak it last reached in late 2013.
The price of bitcoin has been buoyed by increased interest from places such as Venezuela, where the local currency has lost much of its value, and India, where the government recently removed the largest cash notes from circulation.
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