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Non-Tech : Bank of America

BAC 54.54

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From: Sr K	1/2/2017 12:11:56 PM
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8:59 AM ET LONDON, Jan 2 (Reuters) - Digital currency bitcoin kicked off the new year by jumping above $1,000 for the first time in three years late on Sunday, having outperformed all central-bank-issued currencies with a 125 percent climb in 2016. Bitcoin - a web-based "cryptocurrency" that has no central authority, relying instead on thousands of computers across the world that validate transactions and add new bitcoins to the system - jumped 2.5 percent to $1,022 on the Europe-based Bitstamp exchange, its highest since December 2013. (Reporting by Jemima Kelly; Editing by Louise Ireland)

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