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Bitcoin spikes after Japan says it's a legal payment method

Bitcoin has been the top-performing currency every year since 2010, except for 2014.

Bitcoin trades up 2.8% at $1,133 a coin as of 7:08 a.m. ET on Monday. The cryptocurrency's gains come after Japan announced on Friday that bitcoin would be accepted as a legal payment method beginning on April 1, 2017.

It's the first bit of good news for bitcoin in quite some time. Recent chatter in the market has centered around developershard fork

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