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The latest version of Bitcoin (BTC) is set to rise again to a record high of $1,250 on Thursday as the value of cryptocurrency surged past $1.30, breaking through the $1 price threshold for the first time ever.
The rise comes after the Winklevoss Bitcoin Trust (TWTR) was incorporated as a separate legal entity in October 2017.
Since then, the value has surged above $1m, but in a period when the bitcoin price is currently at around $1200, its potential gains have been limited.
On the other hand, the Bitcoin Cash (BCH) price has been surging above $500, and Bitcoin Gold (GBP) has risen above $450.
The bitcoin price peaked in November last year at $1k, and has since dropped back down to around $700 as its value has soared.
Bitcoin Cash is currently trading at $480.
The gains have also been accompanied by losses, which are now hitting bitcoin’s exchange rate.
The BTC price has risen by nearly 50% this year and is currently hovering around $6,200.
The BTC price is now trading above $6200, and its rising by more than 10% on average.
The average BTC price in recent days has also increased by more then 50%.
The dollar has risen to $1 and Euro has fallen to $0.25.
The UK dollar fell to £1.29, while the Euro climbed to €1.00, and the Australian dollar rose to $2.06.
The Australian dollar is currently sitting at $US2.10 and the US dollar is trading at a low of $US1.50.
Bitcoin Gold (GOLD) is currently valued at $3,827.
The Bitcoin Gold price is at around 1,400.
The current price is $3.24.
The price of gold is rising by an average of more than 50% in the past year, with a majority of the gains coming from bitcoin.
Bitcoin is trading above its all-time high of around $2,000 in September.
However, this price has recently fallen back to its pre-fork low of around £1,000, where it was set by the launch of the Bitcoin Gold wallet in June 2017.
The price of Bitcoin Gold has since surged to around £2,700.
The Bitcoin Gold market is also seeing price swings as more people buy into the altcoin.
The recent surge in the price of bitcoin has caused a sharp rise in the prices of other cryptocurrencies, including Ethereum (ETH), Litecoin (LTC), Ripple (XRP) and Dash (DASH).
