Trade of the Week: Virtual insanity

Bitcoin has attracted fevered media attention after surging by 232% against the US dollar since early March

Bitcoin has become the latest financial phenomenon after attracting fevered media attention, which has asked whether the virtual digital currency is a new route to riches – or just an asset bubble waiting to pop.

The hype has been helped by the fact that Bitcoin has surged by 232% against the US dollar since early March.

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