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Bitcoin's hit another record high and is closing in on $6,500

Bitcoin's upward streak continues.

The cryptocurrency's price has once again set a record, breaking the $6,400 mark overnight

It's continued to climb and touched $6,498.31 this morning.

News of plans for bitcoin futures had already pusheed it to new highs yesterday. US-based exchange operator CME Group said it hopes to launch it by the end of the year.

Read more: Don’t let bitcoin bubbles blind you to the wonders of smart ledger tech

It's a major move which analysts at Investec noted would take "the currency a step forward toward legitimacy".

"Will we be starting to quote commodity prices in Bitcoin?" it asked in a note on Wednesday morning.

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