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Economic Viewpoint

Another surge for the bitcoin

February 14, 2017
François Dupuis, Vice-President and Chief Economist • Hendrix Vachon, Senior Economist

The bitcoin got a lot of attention in 2013, when its value shot up from US$100 to more than US$1,000. Its momentum petered out and a lengthy correction ensued in 2014. After stabilizing at around US$250 in 2015, the bitcoin began to appreciate again, recently revisiting the US$1,000 mark.

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