Bitcoin hits record above $72,000 as demand frenzy intensifies

Bitcoin hits record above $72,000 as demand frenzy intensifies

FILE PHOTO: A bitcoin is seen in an illustration picture taken at La Maison du Bitcoin in Paris, France, June 23, 2017. REUTERS/Benoit Tessier/File Photo

Bitcoin hit a record high on Monday above $72,000, as the biggest cryptocurrency’s surge showed no signs of slowing down. Bitcoin was last up 4.4% at $72,649 after reaching as high as $72,739.

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