The price of bitcoin, the original and most valuable digital currency, rose to a record high of nearly $8,000 on Wednesday — close to a 900% jump in 2017 alone.
Bitcoin started as an experiment eight years ago in an attempt to create a global, decentralized store of value. These days it behaves less like a currency and more like a stock, operating in an extremely volatile, multi-billion dollar market that trades bitcoin and hundreds of other newly fabricated digital tokens.
[ Read Full Original Article Here ]