Published On: Wed, Nov 29th, 2017

US Dollar Crashes Against Bitcoin to Record Low

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Bitcoin prices have charged past $10,000, delivering a new blow to the US dollar, now worth less than 0.0001 BTC for the first time.
$10k Bitcoin Weathers Press Bubble Barrage
Data uploaded Wednesday showed the unprecedented exchange rate come into being as Bitcoin continued towards $11,000.
Within hours of passing the magic $10k, the virtual currency hit a current all-time high of $10,696 before correcting downwards, according to Bitstamp.

As of press time, prices are on the move again, approaching $10,750 as enthusiasm shows no signs of abating and markets avoid sustained profit-taking.
A five-figure Bitcoin has caused renewed unease among the already sceptical mainstream press, with publications continuing to call time on a bubble. For buoyant Bitcoin community members, this made the USD readings all the more pertinent.
FOMO? Litecoin, Monero React In Kind
“Why does Bitcoin keep growing? Because it’s time to separate money and state,” ShapeShift CEO Erik Voorhees added on Twitter.
Litecoin creator Charlie Lee meanwhile encouraged long-term bagholders to take profits despite no sign of a price U-turn.

Bitcoin hits $10,000.
Congratulations to all the hodlers! This is by far the strongest Bitcoin bull run I’ve seen in 6+ years.
Now take some profit off the table. You …

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