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Bitcoin smashes $15,000, leaping 20% in 24 hours

The digital currency has doubled since October — and is now bigger than Home Depot and Pfizer

Bitcoin smashes $15,000, leaping 20% in 24 hours

Bitcoin slammed through the $15,000 level early on Thursday, showing no signs of slowing its relentless rally that has pushed up the cryptocurrency more than 1400% since the beginning of the year, MarketWatch reports.

Bitcoin jumped to an intraday high of $15,058.30 on CoinDesk, up almost 10% on Thursday so far. The move comes just a day after the cryptocurrency passed both the $13,000 and $14,000 milestones, boosting its market capitalisation to almost $246bn. That leaves bitcoin up 20% over the last 24 hours alone.

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