Bitcoin Hits Escape Velocity: Insanity Goes Vertical In Late Wednesday Surge

Bitcoin hit $12,000 on Wednesday, which would have big news were it not for the fact that it subsequently hit $13,000 in the same goddamn day. We wrote that around 3:30 New York time. It was accompanied by this humorous chart: Here it is 8:00 New York time and Bitcoin is now sitting more than $1,000 higher. Allow us to reiterate: Bitcoin is now up more than $2,000 in the last 20 hours. It's rising by an average of $100 an hour on Wednesday. Folks, this thing has left the building. It has h

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