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Bitcoin hits new record high of $11,850

Ersin Çelik
16:49 - 5/12/2017 Tuesday
Update: 16:50 - 5/12/2017 Tuesday
REUTERS
File photo
File photo

Bitcoin powered to a record high of $11,850 on Tuesday, continuing its surge from below $1,000 at the start of the year.

The cryptocurrency was last up 2 percent on the Luxembourg-based Bitstamp exchange.

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