Bitcoin rises 10%, recovers from last week's brutal sell-off

Bitcoin had risen around twentyfold since the start of the year, climbing from less than US$1,000 to as high as US$19,666 on Dec 17 on Bitstamp and to over US$20,000 on other exchanges, before posting heavy declines since.
Bitcoin had risen around twentyfold since the start of the year, climbing from less than US$1,000 to as high as US$19,666 on Dec 17 on Bitstamp and to over US$20,000 on other exchanges, before posting heavy declines since.PHOTO: REUTERS