Bitcoin value exceeds gold for first time

Natalie Kenway
@KennethGoso
03 March 2017

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Cryptocurrency bitcoin has surpassed the value of gold for the first time, as a result of surging demand in China.

A single unit of the digital cryptocurrency closed yesterday at $1,268, while a troy ounce of precious metal gold stood at $1,233. The move higher in bitcoin has been driven by demand in China, but...

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