Currency worth over $1,000 per unit
The cost of Bitcoin digital currency historically went over $ 1,000 per unit, growing by more than 400% per month, as reported by Газета.ru.
At the latest trading on the Tokyo Stock Exchange Bitcoin traded for $ 1073, while early November the currency’s price tipped $ 215.
Experts explain the price’s upward trend by short-term revaluation due to limited supply and increasing demand.
Earlier U.S. Senate has held a hearing on virtual currencies, where some officials expressed their concern about the lack of proper regulatory control of virtual currency to prevent illegal activities, including money laundering.