Magic millions tipped to bring record prices for bitcoin

It's the latest example of how the value of bitcoin has been pushed into uncharted territory.

A report in Forbes on Thursday said that bitcoin could be worth more than $4,000 when measured by US dollar value on Wednesday.

This makes bitcoin the fourth highest-valued digital currency and could eventually end up as????? a new currency at the expense of gold.

Bitcoin rose from under $100, to $2,200 in just two months, before rebounding on Thursday to just under $4,000 a bitcoin.

Bitcoin has been climbing more than 700% year-to-date and has recently seen the value of its rival Ethereum soaring in the wake of recent events.

That means as the financial technology boom continues, bitcoin is quickl?????y becoming the world's top ?????currency.

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