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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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Published Thu, Nov 30, 2017 · 09:50 PM

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    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$10,000 for the first time, according to Bloomberg News figures.

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