Posted September 09, 2018 05:36:16The price of bitcoin has skyrocketed over the last week, with the digital currency soaring to a record high of $1,000.
The currency’s value has been on a meteoric rise and has more than doubled since the end of August, when it was trading at about $500.
The value of bitcoin is currently valued at about €2,500.
Kenya has been an early adopter of bitcoin, with bitcoin trading at around 10% in the country.
In August, bitcoin prices were up to $3,500 in some markets.
Kenyan officials have said that the country will be using the bitcoin to pay for the national currency, the National Reserve Bank of Kenya, which is the primary currency used in the economy.
Bitcoin has been credited with helping reduce inflation in the past and will be used to pay some of the country’s most expensive imports.
However, bitcoin has been a controversial topic in the Kenyan government.
Critics say it is a tool to facilitate money laundering and corruption and a way to circumvent the countrys banking system.
The central bank has previously said that it has no plans to regulate bitcoin, and the country has yet to regulate any of the digital currencies in existence.
Kenya’s central bank is currently holding a Bitcoin meeting.
Bitcoin has gained a lot of popularity over the past year, with traders spending up to 15% of their daily trading on the digital coin.
The market value of bitcoins is now over $2.6 billion ($2.9 billion).
In 2018, bitcoin traded at around $8,400, according to CoinMarketCap.