Bitcoin powers past $13,000

Jessica Dye

Bitcoin’s run is showing no signs of stopping.

Just hours after the crypto-currency crossed the $12,000 mark for the first time, it has now sailed past $13,000.

Bitcoin started the year at around $1,000 and shot higher since, luring in investors with its soaring valuation. While crypto-currencies capitalise on their moment in the spotlight, however, regulators have increasingly called for more scrutiny./FT