joseph adinolfi: Other big exchanges such as Bitfinex, Kraken and Coinbsae showed the cryptocurrency topped 1,000 late Sunday, according to a report from Bitcoin, according to Market Watch. Caption outside of wrapper for normal article images The fresh high for Bitcoin is now trading at levels not seen since November 2013. A single Bitcoin BTCUSD was trading at 1,025 Monday morning, according to pricing data from Coin Market Cap. The digital currency rose more than 100% in 2016, and some expect the price could reach as much as 3,000 in 2017. Market Watch's Joseph Adinolfi has noted that analysts have attributed a range of factors to bitcoin's strength, including increased adoption by professional investors and fears of instability surrounding the world's biggest economies. The cryptocurrency looked set to reach 1,000 in the waning days of 2016, after taking out a key level above 800 in early December.
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