Bitcoin news – live: BTC price continues to surge as cryptocurrency passes through landmark

·1-min read
Cuba Cryptocurrency (Copyright 2018 The Associated Press. All rights reserved.)
Cuba Cryptocurrency (Copyright 2018 The Associated Press. All rights reserved.)

Cryptocurrency prices are continuing to surge as bitcoin blasts through its landmark $50,000 price.

The market is up 1.5 per cent over Friday, according to CoinMarketCap, as a result of the strong performance of both bitcoin and ethereum.

Other large coins – including Dogecoin and Cardano, which has had a strong week that has seen it gain almost 10 per cent – are struggling more.

But the market is experiencing mostly positive performance after weeks of turgid and often negative prices and news.

Follow all of the latest here.

Cryptocurrency exchange founder charged over $2 billion fraud

16:05 , Andrew Griffin

The founder of BitConnect, a cryptocurrency exchange, has been charged over a fraud that investigators say raised $2 billion from investors.

You can read the full story on Reuters here.

Hello and welcome

13:21 , Andrew Griffin

to The Independent’s live coverage of the cryptocurrency market.

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