Reuters: Bitcoin hits record high above $1,200 on talk of ETF approval
Monday, February 27, 2017
Digital currency bitcoin jumped to a record high above $1,200 on Friday, as investors speculated the first bitcoin exchange-traded fund (ETF) to be issued in the United States is set to receive regulatory approval, reuters.com reads. Traditional financial players have largely shunned the web-based "crytpocurrency", viewing it as too volatile, complicated and risky, and doubting its inherent ...