Bitcoin, altcoins surge in popularity


Bitcoin, a virtual currency that has soared from around $1,000 to over $3,000 over the past year, is surging in popularity among investors.

Bitcoin’s price has soared to over one million US dollars ($930) per coin, according to data from CoinMarketCap.

The cryptocurrency surged to $2,600 from $1.5,000 on Monday, with many investors now trading it for as little as $1 a coin.

Bitcoin is also gaining popularity among mainstream investors, with more than $300 million of investments in the cryptocurrency last year.

A recent report by market research firm Technavio showed Bitcoin trading volumes had surpassed $3.8 billion last year, a record for a digital asset.

CoinMarketcap says the digital currency’s value has risen to more than a trillion dollars.