Bitcoin Soars to a Record High
How long can this rally last? After a peak in 2013, bitcoin fell 53 percent.
QuickTake: Bitcoin and the Blockchain
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Bitcoin jumped to a new high Friday, a day after soaring past the price of an ounce of gold for the first time.
One unit of the virtual currency was trading above $1,292.71 at 7:30 a.m. in New York, compared with $1,226.89 for an ounce of gold. The metal’s had a terrible week, declining for the fourth time in five days.