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Bitcoin keeps surging, makes another new high for 2015

TAGS: Bitcoin | Payments | Wall Street | Investing

Even as detractors to bitcoin point toward a difficult-to-regulate culture that has popped up around the cryptocurrency, there is a growing push from well-known investors to advance the payment technology. 
2015 may be the year that bitcoin rebounded. 
Bitcoin value has been growing steadily over the last two months. BitcoinCharts.com
For investors who bought in during bitcoin's headiest days to date, in early 2014, that's not enough of a rebound: before the price of the digital currency plummeted in 2014, it reached more than $1100 a bitcoin. 
A sign welcomes consumers paying in bitcoin. Thomson Reuters
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In October, investors including MasterCard and Bain Capital Ventures provided backing to Barry Silbert's Digital Currency Group. Already, Silbert's latest project has backed dozens of cryptocurrenty startups, largely focusing on bitcoin deals. 
Now, after bitcoin's big seven-week run, it is trading at around $363 a coin. 
BitcoinCharts.com tracks the daily price of the cryptocurrency, and captures the last month's run-up in value. Monday morning marked the biggest single day of gains for bitcoin, as it rose about 10% in one day. 
Bitcoin has been on a big run for much of the last two months, gaining about 70% on private exchanges since hitting a second-half low of $213 in late August. 
Learn more: Credit Card Industry and Market Mobile Payment Technologies Mobile Payments Industry Mobile Payment Market, Trends and Adoption Credit Card Processing Industry List of Credit Card Processing Companies List of Credit Card Processing Networks List of Payment Gateway Providers M-Commerce: Mobile Shopping Trends E-Commerce Payment Technologies and Trends
The digital currency smashed through a new high for the year on Monday morning, trading at nearly $370 and continuing its impressive streak as of late.