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Bitcoin Soars in 2016

Bitcoin, the digital currency, ended 2016 on a high, valued at more than $1,000 for the first time in three years. It was trading at $1,014.15 early Tuesday. Bitcoin performed better than any other currency for the year, according to the BBC, climbing in value by nearly $600 or about 125 percent. The surge in value, analysts say, stems from high demand in China, were most Bitcoin transactions take place. The virtual currency is popular among some Chinese as an anonymous and relatively...

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