Bitcoin surges above $11,000 as FB unveils Libra

Bitcoin surged to a near 16-month high above $11,000 Monday, overshadowing showings across stock, foreign exchange and commodity markets, with investors looking ahead to the week's G20 summit. Bitcoin reached $11,251.21 as the cryptocurrency sector got a huge boost from Facebook's unveiling of its own digital unit Libra.

Bitcoin surges above $11,000 as FB unveils Libra
Bitcoin surged to a near 16-month high above $11,000 Monday, overshadowing showings across stock, foreign exchange and commodity markets, with investors looking ahead to the week's G20 summit. Bitcoin reached $11,251.21 as the cryptocurrency sector got a huge boost from Facebook's unveiling of its own digital unit Libra.