Bitcoin’s record high may also prove to be its peak

It’s fair to suggest 2017 will be remembered as a year of very strong share price performances in technology companies and significant technology-led disruption to other industries, writes David Holohan

Not since the internet bubble have technology companies been in vogue to the degree that they currently are. The Nasdaq market has increased in value by just under 30% during the first 11 months of the year with some of the most impressive gains coming from the largest companies in the index.

Apple’s performance is the most impressive, increasing by 51% and resulting in a market value increase of $300bn to now stand at $900bn. As the largest company in the world, Apple is now within touching distance of achieving a market value above $1 trillion.