Bitcoin crosses through $17,000 as concerns mount
Bitcoin briefly crossed through the $17,000 (£12,615) mark in volatile Asian trading, extending its record breaking run.
The cryptocurrency has soared around 70% this week according to Coindesk.com, despite fresh warnings of a dangerous bubble.
Its dramatic rise has been likened to a "charging train with no brakes".
As concerns mount, an industry group has warned plans to start bitcoin futures trading were "rushed through".
Critics have said Bitcoin is going through a bubble similar to the dotcom boom, whereas others say it is rising in price because it is crossing into... read more
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