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Why Is the Bitcoin Price Rising Past $1,000?

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With a 30% gain in December alone and a sudden jump past $1,000, the question "why is the Bitcoin price rising?" is suddenly on many minds.

The Bitcoin price leapt 123% in 2016, making it by far the best-performing asset of the year. The price of Bitcoin has been on fire lately because of multiple catalysts.

Here's why Bitcoin soared past $1,000 - and why it will go higher in 2017...

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