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16 Nov 2017

Bitcoin hits $13,000 on Zimbabwe exchange 2017

Bitcoin hits $13,000 on Zimbabwe exchange 2017Political turmoil and an apparent coup have pushed the price of Bitcoin as high as $13,000 on a digital currency exchange in Zimbabwe — nearly twice the going rate in global markets. Demand surged on Golix, which appears to be the only local Bitcoin exchange, after military leaders put 93-year-old leader Robert Mugabe under house arrest. Bitcoin has long commanded higher prices in Zimbabwe, which scrapped its own currency in 2009 after years of hyperinflation made it worthless.

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