Bitcoin’s bubble swells with a new record high

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Business Insider CEO Henry Blodget breaks down bitcoin’s surge to another record high this week, which has spurred more questions around how high it can go. The cryptocurrency has doubled in August alone, further fueling the argument that it’s a speculative bubble. If you choose to invest, the best way forward is to focus on bitcoin transactions, and note the similar meteoric rises in other cryptocurrencies.

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from Business Insider

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