Bitcoin Makes Assault on $5,000 in Record Breaking Rally: Chart

The largest digital tender has surged on the acceptance of a plan to quicken trade execution.

(Bloomberg) -- Bitcoin began September by approaching $5,000, following up on a record-breaking run in August spurred by optimism that faster transaction times will hasten the spread of the cryptocurrency. The largest digital tender has surged on the acceptance of a plan to quicken trade execution by moving some data off the main network. The solution -- termed SegWit2x -- had been so contentious that a new version of the asset called Bitcoin Cash was spun off in opposition.

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