Bitcoin Now Tops $1,200

29 November 2013 | By Maureen Farrell |

While you were eating turkey Thursday, the price of a bitcoin continued to skyrocket.

Bitcoin hit a new record Friday of $1,242, after topping $1,000 for the first time ever Wednesday, according to Mt. Gox, one of the primary exchanges tracking trading in the cybercurrency.

The pre/post Thanksgiving price jump: 24% jump.

Of course, as the WSJ reported earted earlier this week, the price of one bitcoin can vary from one exchange to another. On Wednesday, for example, Tokyo-based Mt. Gox showed a price of $1,061, Slovenia-based Bitstamp showed a price of $965 and The CoinDesk index had a price of roughly $950.


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