Bitcoin, the virtual currency founded in 2009, had a mountainous rise that began in 2013, in which the price of a Bitcoin started the year around $10 only to rally to its all time high of $1200 later that year. Programmers (“miners”) and traders flocked to the new asset as it continued its bullish charge.
After a lousy 2014 performance, which saw prices fall from roughly $1000 to sub-$300, Bitcoin is once again staging an impressive rally today, once up as high as 20%. Bitcoin opened today at $254.70 and reached a high of $309.90 on the day, but currently trades at $279.90.
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