A week after its launch in the UK, Bitcoin has started to take off in the world’s biggest market, the US.
The digital currency has surged to more than $4,000 on the Bitcoin exchanges, up from just $200 last week.
Bitcoin, created in 2009 by a group of computer programmers in the United States, is a digital currency that has gained a cult following among internet users for its ease of use, low transaction fees and lack of government oversight.
However, the currency has been plagued by regulatory uncertainty in many countries around the world.
It was created in response to the collapse of the US dollar and the collapse in the value of the currencies in the wake of the 2008 financial crisis.
The value of a bitcoin has been fluctuating between around $200 to $300, with the value fluctuating around $2,000 to $3,000.
On Tuesday, the value dropped to $2.70, down more than 60% from its previous high of $4.40 on December 6, but still up from a $2 price target on Monday.
A recent report from the National Bureau of Economic Research said Bitcoin could be worth up to $6,000 by 2025.
In the US however, Bitcoin is still not widely used, despite its popularity.
According to the latest Bitcoin price data, a single Bitcoin is worth around $3.20.
There are some indications that the value could increase in the near future, but there are also concerns that Bitcoin will lose some of its value as it grows in popularity.
Bitcoin is a type of virtual currency, similar to Bitcoin Cash, which has been gaining popularity in China.
It is also known as a form of digital gold.
The US government has been trying to get the government to allow more bitcoin transactions, although there is no regulation around the currency in the country.
In December, the Treasury Department announced that it would allow bitcoin payments to be made in the first half of 2018, but that the government would not be issuing any coins to the cryptocurrency.
On December 6 the government also proposed a plan to allow bitcoin to be traded in the national currencies of countries around a single country, which could open up more opportunities for Bitcoin and other cryptocurrencies to enter the world market.
US president Donald Trump has also said that he wants to see the currency used for “real world transactions” and for tax purposes, as opposed to just to purchase items.
The bitcoin price has soared since the currency was first introduced, reaching its highest point of $637 on December 3.
A new report from The Wall Street Journal said the government may have changed its mind on allowing bitcoin to enter circulation in the next few months.
The paper reported that the Treasury is working on a plan that would allow US citizens to use the currency as an alternative to the dollar and yen.
The report said that the plan would allow citizens to send remittances, pay for goods and services with bitcoins, pay taxes and use bitcoins to make other purchases.
The government’s plans to allow the use of bitcoin for payments and tax purposes is part of a broader crackdown on digital currencies in recent years, including the US-led push to outlaw them.
Earlier this month, the Federal Reserve and the Treasury’s Office of Financial Research released a joint report warning that bitcoin could be a dangerous digital currency, especially as it becomes increasingly popular and mainstream.