• The Washington Post

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It’s been an amazing month for Bitcoin, the decentralized payment network that got a surprisingly positive reception last week at a pair of Senate hearings.

At the start of this month, one Bitcoin traded for just a bit more than $200. By midmonth, it had soared to $400. Then, about the time of the Senate hearings, it rose briefly above $900. On Wednesday, the price broke through the psychologically significant $1,000 barrier on Mt. Gox, the most popular exchange for trading Bitcoins for dollars.

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