On the New York Stock Exchange itBit Bitcoin broke through $875, before returning to $870, rised more than 4% today and exceeded almost twice its level from the beginning of 2016.
This month the digital currency soared almost 18% on the back of growth in demand in India and China, as investors try to protect themselves against the devaluation of the local currency and the lack of funds.
US and Europe are also responsible for a significant part of the volume of trading, as traders seek refuge from the problems of the world economy.
Bitcoin is a decentralized electronic payment system, which is not regulated by any government or central bank. Bitcoins can be used to pay for goods and services from their host vendors.
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