Wednesday, November 06, 2013

Bitcoin price reaches a record high for the first time since April (Washington Post)

Interesting cryptocurrency times
"The new record high appears to be driven in part by surging demand for the currency in China. The volume of yuan-to-bitcoin trading in recent weeks on the leading Chinese exchange, BTC China, has been near record highs. That's very different from Mt. Gox, where trading volume in recent weeks has been much lower than it was in April. This suggests that Chinese speculators may be playing a larger role in the current appreciation than they did during the previous bull market in April."
Bitcoin price reaches a record high for the first time since April

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