Bitcoin jumps above $8,700 to record high as largest US bitcoin exchange adds 100,000 users

Bitcoin jumps above $8,700 to record high as largest US bitcoin exchange adds 100,000 users

Bitcoin is getting a Black Friday boost. The digital currency climbed above $8,700 to a record high Saturday following increased investor interest around the U.S. Thanksgiving holiday and Black Friday shopping. Bitcoin rose more than 6 percent to a record high of $8,725.13, according to CoinDesk, trading around $8,674 midday on Saturday. Another digital currency, ethereum , also hit an all-time high of $485.18, according to CoinMarketCap. "The move appears to be retail driven," said Brian Kelly, a CNBC contributor and CEO of BKCM, which runs a digital assets strategy. The largest bitcoin exchange in the U.S., Coinbase, added […]