Bitcoin hits another milestone as it climbs past $6,000

If you own Bitcoin, October has been good to you.

The value of one bitcoin climbed over $6,000 for the first time on Friday less than two weeks after it pushed past $5,000.

SEE ALSO: Bitcoin broke through $5,000—but there are major risks ahead

Bitcoin reached as high as $6,063 on Friday, according to the research site CoinDesk, and was valued at around $6,034 at the time of this writing. 

The highest-valued cryotpcurrency on the planet wasn't a thing 10 years ago, but the continued rise of its value shows that perhaps the greater world should start paying attention sooner rather than later. 

It's unclear why Bitcoin has risen at this rate in October. Observers have thrown out a few guesses, including that perhaps a shortage of physical money in Zimbabwe is driving up Bitcoin's value.  Read more...

More about Business, Business, and Other

from Mashable http://ift.tt/2yDrlkh