Bitcoin is approaching a new record price high after it suddenly surged on Thursday.The cryptocurrency is currently trading above $15,000 – up from around $5,000 in March. It is now less than $5,000 away from the all-time high seen in late 2017.The price gains come amid geopolitical and economic uncertainty resulting from the coronavirus pandemic…
The price of bitcoin hit a record high for 2020 on Wednesday, after PayPal announced plans to integrate cryptocurrency into its online payment platform.Bitcoin’s price rose by more than 5 per cent following the news, taking its total gains since last week above $1,000. It is currently trading above $12,400.PayPal said customers will be able…