Bitcoin marches towards $20,000, as Litecoin and Ethereum hit record highs

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Virtual currencies continue to gain in value as Bitcoin hit another all-time high on Tuesday, as investors now hope to break the $20,000-mark.

The interest in Bitcoin has also helped other cryptocurrencies hit record highs as well, Business Insider reported.

Both Litecoin and Ethereum hit all-time highs Tuesday morning. Ether reached $600 a token, while Litecoin gained more than 40 percent to $312.

Due to the huge surge in traffic, cryptocurrency trading platform Coinbase had to temporarily halt trading on litecoin and ethereum.

Coinbase's status page showed both cryptocurrencies were experiencing major outages.

The 10 largest cryptocurrencies were all trading in the green on Tuesday, CoinMarketCap reported.

But as digital currencies continues to set new records, many analysts are concerned that the speculative bubble will eventually burst.

RUNDOWN SHOWS:
1. Bitcoin price going up
2. Litecoin and Ethereum prices hitting all-time highs
3. Coinbase website experiencing surge in traffic
4. Coinbase halting Litecoin and Ethereum trading do to website outages
5. Analysts warn the digital currency speculative bubble will eventually burst

VOICEOVER (in English):
"Virtual currencies continue to gain in value as Bitcoin hit another all-time high on Tuesday, as investors now hope to break the $20,000-mark."

"The interest in Bitcoin also helped Litecoin and Ethereum break new marks. Litecoin gained more than 40 percent to $312, while Ethereum hit $600 a token."

"Due to the huge surge in traffic, cryptocurrency trading platform Coinbase had to temporarily halt trading on Litecoin and Ethereum."

"Coinbase's status page showed both cryptocurrencies were experiencing major outages."

"But as digital currencies continues to set new records, many analysts are concerned that the speculative bubble will eventually burst."

SOURCES: Reuters, Business Insider, CNBC
https://www.reuters.com/article/uk-markets-Bitcoin/Bitcoin-hits-another-record-high-in-march-towards-20000-idUSKBN1E60PE
http://www.businessinsider.com/coinbase-halts-ether-and-litecoin-trading-2017-12
https://www.cnbc.com/2017/11/28/novogratz-cryptocurrencies-are-going-to-be-the-biggest-bubble-of-our-lifetimes.html