Bitcoin surges above $13,000 to new high

Bitcoin has surged above $ 13,000 (£9,710; €11,020) to a new record high despite warnings the digital currency’s rapid rise could be a dangerous bubble. The coin has seen its value double in the last month in a volatile journey. Its latest milestone came after Bitcoin surged by another $ 1,000 in value in less than 24 hours. Spread betting firm CMC Markets said the rise had all the symptoms of a bubble market, warning “there is no way to know when the bubble will burst”. What’s behind the Bitcoin…

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