Bitcoin Surges To A New All-Time High

Bitcoin surged to a new all-time high of just under $608 amidst growing popularity among investors for the virtual currency. The digital currency surged to just under $608 on Mt. Gox exchange Monday afternoon in Asia, up 24.5% from the same time on Sunday. U.S. Senate Committee to discuss today John Philips, Digital editor for CNBC notes Bitcoin’s latest gains come as the potential for regulation hangs over the market, with a U.S. Senate Committee to discuss virtual currencies later on Monday. Last week, regulators in New York have announced a series of hearings to consider whether Bitcoin should be…