The average price of Bitcoin has reached $500 on at least one exchange Wednesday, doubling in one month’s time after lingering around $240 better part of the year

Percentage-wise, this is the biggest price surge the cryptocurrency has experienced since its enormous jump in 2013, when the price increased from under $100 to $1,000 in a matter of months.

At the time of this writing, most Bitcoin exchanges have the Bitcoin price above $490; according to Bitcoin tracking site CoinDesk, the price actually reached $500 at one point on the Bitfinex exchange. It has risen by nearly 30% today alone

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Bitcoin price flirts with $500, doubling in biggest surge since 2013