Bitcoin soars as armed forces seize power in Zimbabwe


The price of the cryptocurrency in the Southern African nation jumped as high as US$13,499, almost double the rate at which it trades in international markets, according to prices cited on Golix

CAPE TOWN: Bitcoin climbed as much as 10% on Zimbabwe’s Golix exchange after the country’s armed forces seized power.

The price of the cryptocurrency in the Southern African nation jumped as high as US$13,499, almost double the rate at which it trades in international markets, according to prices cited on Golix’s website.

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