Bitcoin Has Climbed Back To $1,000
The price of one Bitcoin briefly broke back through $1,000 on the Mt. Gox exchange today.
This is the first time since mid-December it has done so.
It's worth noting that in that time, Mt. Gox lost its claim to most-trafficked USD-traded Bitcoin exchange. There is now a virtual tie between Slovenia-based Bitstamp and BTC-e, which is said to be based in Russia.Despite new severe restrictions in China, Bitcoin has benefitted from several recent high-profile endorsements. Fortress Investment Group announced it was starting a Bitcoin fund, and a U.S. Congressman is looking to accept Bitcoin in his Senate race. And financial services firm Wedbush recently identified publicly traded companies that stand to gain from the rise of Bitcoin.
Here's the price chart. It's since come down a bit, to $987.