the world for caution while investing in digital currencies (with some. Gox dumped more than 8,200 Bitcoins on existing exchanges, and further in June when two South Korean cryptocurrency exchanges were hacked. The virtual currency reached the benchmark for the first time, just days after it passed 9,000. It is not entirely clear what has driven the sudden rise in value, especially because the past few weeks have been marked by action by some financial regulators to limit its use. Beaten-up tech stocks to feel more pain, investor Paul Meeks predicts. As this points to increased adoption of cryptocurrencies in the near term, the good news propelled Bitcoin prices higher. In addition to having a negative impact on Bitcoin pricing, these events also dragged down Bitcoin trading activity, as evidenced by a notable reduction in the number of users on the Bitcoin network. Japanese yen trading in bitcoin dominates at about 61 percent, while trading in South Korean won accounts for about 11 percent, according to CryptoCompare. The value of one bitcoin has gone past 10,000 (7,493). Image caption Con artists are sending Bitcoin-based scams to phone users, pretending to be from the news site CoinDesk. Hong kong, hong kong - august 21: A visual representation of the digital Cryptocurrency, Bitcoin is seen on August 21 2018 in Hong Kong, Hong Kong.
The digital cur rency hit 10,000 Tuesday, according to CoinDesk, marking an exponential.
Last November, the price of bitcoin crossed the 10,000 level for the first time.
The rest of 2017 was an explosive ride, shooting up near.
The value of one bitcoin has gone past 10,000 (7,493).
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Bitcoin surpasses 10,000 for the first time
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