Bitcoin Is On A Gigantic Tear

Bitcoin is totally back.

The digital currency is off to a blistering start in January. Yesterday it hit $US1000. Today it’s near $US1100.

If you’ll recall, Bitcoin went out on kind of a sour note in 2013 thanks to a crackdown in China and other government action.

But just as we’ve seen with every other “crash” in Bitcoin history, the buyers came back and it started to soar again.

NOW WATCH: Money & Markets videos

Want to read a more in-depth view on the trends influencing Australian business and the global economy? BI / Research is designed to help executives and industry leaders understand the major challenges and opportunities for industry, technology, strategy and the economy in the future. Sign up for free at