Well that escalated quickly. Having broken above $900 yesterday to new record highs (and a 100% gain in a week), the crypto currency is not looking back now. On what is higher than average volume this morning, Bitcoin just broke above the magic $1000 level for the first time (at $1025). Meanwhile, the BTC China “arb’d” rate is around $950 for those playing at home; and Litecoin has just topped $26 (from $4 a week ago!).
Bitcoin…
Litecoin…
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via Zero Hedge http://feedproxy.google.com/~r/zerohedge/feed/~3/kzA-bORRB4c/story01.htm Tyler Durden