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Bubble or brave new world? Bitcoin breaks US$11,000 barrier

Virtual currency extends stratospheric rise that has delighted investors but sparked fears of a bubble

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The rise in recent weeks has been spurred in part by a late October announcement by the Chicago Mercantile Exchange to launch a futures marketplace for bitcoin.

New York

BITCOIN surged above US$11,000 for the first time on Wednesday as it extends a stratospheric rise that has delighted investors but sparked fears of a bubble.

The virtual currency achieved its first landmark of a historic day early in the Asian trading session, breaching US

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