1. Here’s why bitcoin just hit an all-time high

    Here’s why bitcoin just hit an all-time high

    A single coin US:BTCUSD  went for as much as $1,206.60 on Friday, according to the CoinDesk Bitcoin Price Index, surpassing the previous high of $1,165.89 reached in November 2013.

    The run-up in price has been driven in part by speculation that the Securities and Exchange Commission could soon authorize the creation of the first bitcoin-focused exchange-traded fund. Its ruling about whether to allow the creation of the Winklevoss Bitcoin Trust, one of three proposed ETFs, is expected by March 11.

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