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After Zynga announcement, bitcoin price tops $1,000
After Zynga announcement, bitcoin price tops $1,000

The price of bitcoin shot up past $1,000 Monday after Zynga, an online gaming company, announced it would test using the digital currency as payment. Bitcoin, the volatile unregulated currency, has hit highs and lows in recent weeks and has gained widespread use. The currency recently plummeted in value after China took actions to limit its use in the country. It hit a high of $1,093 on the Mt. Gox online exchange, a major bitcoin trading exchange, before retreating to around $1,000 Monday morning.  In an announcement posted to Reddit over the weekend, Zynga said it would accept bitcoin for payment for games such as "FarmVille 2," "Castleville" and five other...

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