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BITCOIN FUTURES SOAR AMID FRENZY OVER VIRTUAL CURRENCY

Bitcoin’s debut on a major U.S. exchange is a hit so far, with the price of the first-ever futures contract for the virtual currency rising 16 percent.

The futures contract that expires in January was up $2,440 to $17,900 Monday afternoon on the Chicago Board Options Exchange. Trading began Sunday, and the price rose as high as $18,850, according to data from the

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