Bitcoin soars to all-time high above $2,400

Digital currency bitcoin hit a fresh record high on Wednesday, surging above $2,400. This as demand for crypto-assets soared with the creation of new tokens to raise funding for start-ups using blockchain technology. Bitcoin hit a record of $2,409 on the BitStamp platform and was last up 4.3 percent at $2,363. So far this year, the price of bitcoin has more than doubled.