Bitcoin surge triggers alarm bells

Bitcoin prices soared wildly ahead of a planned launch of futures contracts for cryptocurrencies. The price on Coinbase topped $17,000, stoking concerns that bitcoin is a bubble that’s set to burst

Coinbase bitcoin price (US$’000, GMT)

Dec 8, 09:00GMT: $16,155.03
$12 million Current value of $100 of bitcoin bought at start of 2013
Dec 6: $11,756.44
$17,638
$17,226

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   12:00   12:00  09:00
   DEC 6   DEC 7  DEC 8


Source: Coinbase, Reuters © GRAPHIC NEWS