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Bitcoin approaches $10,000 a piece

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Virtual currency Bitcoin is at a record high of $9,700 after jumping 4.5% so far on Monday.The move takes it to 20% above the level it stood at on Friday, according to the Luxembourg-based Bitcoin exchange, Bitstamp.It started the year at around $1,000.Virtual currencies are unregulated investments that bypass traditional banking systems. Their growth is of increasing concern to international regulators.
Source: BBC