Bitcoin is in record territory once again.
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Bitcoin climbs to a fresh record high
Bitcoin is up almost 30% in 2017.
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An aggressive bid has the cryptocurrency up 2.1% at $1,204.43 per coin as traders continue to pile in ahead of the upcoming Securities and Exchange Commission ruling on whether or not it three proposed bitcoin-focused exchange-traded funds
Wednesday's gain has the cryptocurrency up almost 30% so far in 2017 after it was the top performing currency in each of the past two years.
Bitcoin has had a crazy start to the year. It rallied more than 20% during the first week of 2017 before tumbling 35% amid concerns China was going to crackdown on trading. Recently, action has managed to shrug off news that China's biggest exchanges were going to start charging clients a flat fee of 0.2% per transaction and that they were going to block withdrawals.
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