The credit crunch era has brought some extraordinary events but yesterday was right up there with them. Let me jump to the consequence highlighted by City-AM.
Bitcoin is extending its gain this morning, hitting a new record high of $48,216 during late afternoon trading in Asia.
We have got used to price surges and less frequently drops in this instrument as we immediately mull whether it is an asset,money or both? Actually is we know switch to the US Securities and Exchange Commission it looks as though someone else has been doing that too.
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