Bitcoin trades above $5,000 for first time ever

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Bitcoin jumped 6% today to break through $5,000 for the first time ever.

The digital currency has jumped 5 times so far this year. One bitcoin is now valued at $5,161 as of 0822 GMT.

Bitcoin is a digital currency that enables individuals to transfer value to each other and pay for goods and services bypassing banks and mainstream financial system.

Bitcoin trades above $5,000 for first time ever | Ecency