Bitcoin Blasts Through $15,000 Barrier Despite Bubble Warnings

Bitcoin broke through the $15,000 barrier on Thursday morning as it continued what has been a remarkable run even by the cryptocurrency’s usual bubblelicious standards.

At the time of writing, shortly before 5.30 am ET, the price of one bitcoin was listed on Google’s bitcoin tracker as $15,130, and on CoinMarketCap as $15,316, with a total market capitalization of $256 billion. Coindesk had it at a slightly more modest $14,800.

A reminder: a bitcoin was worth $10,000 little more than a week ago, and it only passed the $13,000 mark on Wednesday. It started the year with a value of around $1,000, so the virtual currency’s trajectory is curving up sharply.

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