Bitcoin smashes through R100 000 (trading at record high)

Bitcoin smashed through the R100 000 level, reaching an all-time high of R103 999, on Wednesday.

The cryptocurrency has increased in value by 802% over the past 12 months.

It is up 62 725% over the past five years.

This latest surge comes after derivatives giant CME Group announced the introduction of trading in Bitcoin futures by the end of the year.

(Also read: "Bitcoin may - or may not - be a bubble. Check this out before taking the plunge".)


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