Bitcoin soars above $11,000

Pedro Gonçalves
clock • 1 min read

Bitcoin surged above $11,000 on Monday hitting a more than 15-month high, extending recent gains as the cryptocurrency benefited from sustained momentum. The world's largest digital currency by market value climbed more than 250% from its local low of $3,122.34 reached in December, CoinDesk figures reveal. In a major strategic shift for the social network founded by Mark Zuckerberg, Facebook took aim at Bitcoin last week with plans for its own digital money. Experts say that Facebook's recently launched Libra cryptocurrency is one of the main reasons for Bitcoin's surge. Last we...

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