Bitcoin Surging Past $17,000, Up Over 30% in Two Days

Bitcoin (BTC) has been ripping higher in the last few days, reaching price levels over $17,500 this morning. This brings the market cap of the cryptocurrency to over $270 billion.

According to CNBC.com:

  • Bitcoin rocketed higher, crossing the $17,000 mark in less than two days after topping $12,000 for the first time.
  • The digital currency’s latest swing higher comes after a 20 percent plunge last week
  • The overall pace of gains have accelerated in the last several weeks ahead of the launch of bitcoin futures by major exchanges

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