TOKYO -- Bitcoin beat gold's highest-ever dollar price Friday to score a symbolic milestone after skyrocketing 60% in the past month as speculators bet big on its wild gyrations.
CoinDesk, a site tracking virtual coinages, showed bitcoin touching the $1,954 range at one point, beating the precious metal's record of around $1,920 per troy ounce on Sept. 6, 2011. Bitcoin's price occasionally swings more than $100 in either direction in one day. As recently as March, it dipped below the $1,000 line.