The most popular virtual currency in the world has broken the $30,000 barrier.

It means that one bitcoin is worth over $30,000 (more than N11m).

Bitcoin saw its price pass $30,000 on Saturday for the first time, according to data compiled by the Bloomberg news agency.

The first decentralised cryptocurrency passed $30,823.30 at 1313 GMT, after breaking $20,000 on December 16.

Details later…