Bitcoin cryptocurrency jumps above $ 1,000 for the first time in 3 years



Bitcoin digital currency started the new year by rising above the $ 1,000 level for the first time in three years on Sunday, after it outperformed all currencies issued by central banks in 2016 when it jumped 125 percent.

 

It is worth noting that "Bitcoin" is a currency used in transactions over the Internet and is not controlled by any central authority, as the currency relies instead on thousands of computers around the world that verify the correctness of transactions and add more Bitcoins to the system.

 

Bitcoin jumped 2.5 percent to $ 1,022 on Bitstamp trading platform, the highest level since December 2013.
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