See what financial experts think about Bitcoin’s Astronomical rise in value
Bitcoin flirted with $17,000 on Thursday, triggering a warning the cryptocurrency is “like a charging train with no brakes” and prompting fresh concern about its looming launch on mainstream markets. Still under $14,000 in Asian trading hours, it smashed through $15,000 in European trading and then later surged to $16,777.08 around 1630 GMT, according to Bloomberg data. The rally came just a day after the virtual currency, which has been used to buy everything from an ice cream to a pint of beer, hit the $12,000 mark for the first...