Bitcoin price almost doubles in 2017

Bitcoin is now just $100 away from doubling its price in 2017, as the cryptocurrency gets within striking distance of $2000.

One of the reasons for the move is “buying as a hedge against political chaos,” said Brian Kelly, CEO of BKCM, which runs a digital assets strategy.

Other factors driving the price higher include increased demand from Japan and South Korea.

Related tickers: COIN, OTCPK:BTCS

SeekingAlpha

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