THE value of digital cryptocurrency Bitcoin continues to surge, reaching a record high today. 

One Bitcoin is now worth over £10,000, after starting the year valued at less than £750.

The latest surge appears to have been driven by a frenzy of interest from South Korean speculators, who are prepared to pay increasingly large sums for the online currency.

Also, Bitcoin derivatives are expected to be sold in the United States next week leading to increased interest from investors.