Bitcoin Breaches $6,000 for the First Time

  • Prices tumbled Wednesday after CFTC primer raised concern
  • Zimbabwe to margin trading cited as possible catalyst for move

Five Reasons 'Bitcoin Jesus' Loves the Currency

Lock
This article is for subscribers only.

Bitcoin soared to another milestone Friday, as the digital currency breached $6,000 for the first time to put its gain in 2017 to more than 500 percent.

As bitcoin continues climbing, Twitter users are speculating that the rise could be driven by everything from a cash shortage in Zimbabwe to an increase in margin trading. If one thing is for sure, it’s that speculation has a part to play in the top digital token’s latest surge.