Bitcoin surges past $14 000 – BACKGROUND VIDEOS

Moroccan police have arrested a British dealer in virtual currency Bitcoin wanted on fraud charges in the United States | © AFP | ROSLAN RAHMAN
Moroccan police have arrested a British dealer in virtual currency Bitcoin wanted on fraud charges in the United States | © AFP | ROSLAN RAHMAN

Bitcoin has risen a record $2 500 in one day to pass $14 000 and top out a $14 400.

A single Bitcoin can now buy more than 11 ounces of gold.

Analysts say the price is likely being driven by news of imminent Bitcoin futures trading including on Nasdaq in the summer of 2018 and the Tokyo Financial Exchange.

Watch the following videos to get a better understanding of Bitcoin:

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