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Value of cryptocurrency bitcoin climbs 5% to record high of $63,000

Several digital currencies surge a day before launch of Coinbase trading platform on Wall Street

The value of the cryptocurrency bitcoin has surged to a record high, reaching $63,000 (£45,800).

The cryptocurrency, which has risen in value by 450% in the last six months, continued to climb by a further 5% during trading on Tuesday.

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Originally posted in the guardian.