Starting the year below USD1,000, cryptocurrency Bitcoin now breaches USD14,000. Its meteoric rise especially in the latter half of 2017, is great news for investors, but its volatility is a double-edged sword. Companies that use Bitcoin for transactions, for instance, may find its price fluctuations too much to bear.
Leading cryptocurrency Bitcoin (BTC) continues to rocket higher as it crossed USD14,000/MYR57,162 for the first time on Wednesday. This is less than 24 hours after breaching USD12,000/MYR48,996. As of 12PM (GMT +8), 7 December 2017, it’s currently lingering at USD14,800.