Bitcoin hit an all-time high just below $8,000 (about Sh829,600) on Friday, on talk that a software upgrade whose suspension sent the cryptocurrency into a tailspin at the end of last week was, after all, going ahead within hours.
Talk that the upgrade - which could split or “fork” bitcoin into two versions - would go ahead was driven by a statement on the website of Coinbase, the world’s largest bitcoin company with operations in 32 countries.
