Bitcoin’s relentless rise continued on Thursday, shooting past the £15,000 mark and adding to fears of a dangerous market bubble.
According to Coindesk, the cryptocurrency touched an all-time high of £15,058.30, with its value climbing 1500% since the start of the year.
This has led to fears that the bubble is going to burst and leave investors with a huge dent in their bank balance.
Its price is shooting up because of the sheer number of people buying and selling it. The currency is now becoming easier to trade and more widely accepted by traditional financial institutions.