By Vanessa Barford ; Virtual currency Bitcoin has attracted increasing media attention over the past year. It's also soaring in value, with a single bitcoin surpassing $1,000 (£613) for the first time in November. So has the media hype driven the price hike? · To the average man in the street, Bitcoin is a complicated concept. You might grasp what a typical currency is. The pound is influenced by a central bank - the Bank of England. When it puts up interests rates, or it's expected to, the ...
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