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Bitcoin zooms above Sh1.4 million to record high on relentless demand

Bitcoin received a boost after last week's announcement by the main US derivatives regulator that it would allow CME Group Inc and CBOE Global Markets to list bitcoin futures contracts. FILE PHOTO | NMG

By  REUTERS

Bitcoin soared to a record high of about Sh1.4 million ($14,047.40) on Thursday despite questions about the cryptocurrency’s real value and worries about a dangerous bubble.

Bitcoin received a boost after last week's announcement by the main US derivatives regulator that it would allow CME Group Inc and CBOE Global Markets to list bitcoin futures contracts.

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