Bitcoin surges above US$11,000 thanks to Facebook’s currency plans

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LONDON: Bitcoin surged to a near 16-month high above US$11,000 Monday (Jun 24), overshadowing showings across stock, foreign exchange and commodity markets, with investors looking ahead to the week’s G20 summit. Bitcoin reached US$11,251.21, surpassing US$10,000 for the first time since March last …