Bitcoin leaves elite haters behind as it hits $10,000 again

Enlarge / A visual representation of bitcoin is displayed in front of the Coinbase cryptocurrency exchange website on February 12, 2018 in Paris. (credit: Chesnot / Getty Images)

After a recent dip down below $7,000, the price of bitcoin has now jumped to over $10,000 again, according to trading figures on Coinbase and Blockchain.info.

The rally comes as top European central bankers, among other high-level members of the world’s monied elite, have recently been publicly expressing skepticism in bitcoin.

Similarly, Charles Munger, the vice-chairman of Warren Buffett’s investment firm Berkshire Hathaway, said Wednesday's that he considered the bitcoin craze to be “totally asinine,” according to The Guardian.