Bitcoin hits $13,000 on Zimbabwe exchange 2017

Political turmoil and an apparent coup have pushed the price of Bitcoin as high as $13,000 on a digital currency exchange in Zimbabwe -- nearly twice the going rate in global markets.

Demand surged on Golix, which appears to be the only local Bitcoin exchange, after military leaders put 93-year-old leader Robert Mugabe under house arrest.

Bitcoin has long commanded higher prices in Zimbabwe, which scrapped its own currency in 2009 after years of hyperinflation made it worthless.

View more

Related topics : bitcoin digital currency exchange