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Bitcoin Surges To A New All-Time High

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Mani
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Bitcoin surged to a new all-time high of just under $608 amidst growing popularity among investors for the virtual currency.

Bitcoin Surges To A New All-Time High

The digital currency surged to just under $608 on Mt. Gox exchange Monday afternoon in Asia, up 24.5% from the same time on Sunday.

U.S. Senate Committee to discuss today

John Philips, Digital editor for CNBC notes Bitcoin’s latest gains come as the potential for regulation hangs over the market, with a U.S. Senate Committee to discuss virtual currencies later on Monday.

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Mani is a Senior Financial Consultant. He has worked in Senior Management role in large banking, financial and information technology organizations. He has provided solutions for major banking and securities firms across the globe in the area of retail, corporate and investment banking. He holds MBA (Finance) and Professional Management Accounting Qualifications. His hobbies are tracking global financial developments and watching sports