Bitcoin value leaps to record high

Bitcoin’s value has jumped to a record high following a month of turmoil.

The virtual currency reached $3,451.86 (£2,651) per coin in Monday trade, according to the Coindesk Bitcoin Price Index.

It had never crossed the $3,000 mark until the weekend. Bitcoin has been the de facto currency of the Dark Web – the “hidden” INTERNET accessible only by special browsers.

The surge followed the creation of a spin-off crypto-currency, Bitcoin Cash, last week.