Prices of Bitcoin suddenly climbed as high as $18,700 (£14,000) on Monday from their opening level of $15,000 (£11,200) in Chicago Board Options Exchange (CBOE).
Accordant to cryptocurrency researcher Coindesk the prices had fallen back slightly to $16,571 (£12,400)by mid-morning.
The sudden shift has been seen by few as a step towards Bitcoin as an investment.
The current value of digital currency's is 1,600% in the year to date, beginning of the year below $1,000 (£748).
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