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Bitcoin briefly hits $ 5,000 after a 20 per cent surge By Reuters



© Reuters. A short-touched $ 5,000 on Tuesday, its highest level since late November, while other cryptocurrencies also surged

On Bitstrom Exchange, Bitcoin rose as much as 20 percent in Asian trading to briefly touch the $ 5,000 mark before settling at $ 4,730 by 0700 GMT, up 14 percent on the day;

Ethereum's ether and Ripple's, two other large cryptocurrencies, also jumped higher

It was not clear what was behind the rally in virtual currency prices. ] Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges, but by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not suitable for trading purposes. Therefore, Fusion Media does not accept any liability for any trading losses you may incur as a result of using this data.

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