The Bitstamp Price Index struck $290 early this morning, adding another milestone in Bitcoin’s steady climb over the last couple of months. The bitcoin price rang in the milestone at 05:52 UTC and reached a high of $291.78. The price at the time of publishing is $290.010. The growth is likely to be a result of increased trading in Chinese Bitcoin exchanges, after China's central bank recently slashed its rates in an attempt to kickstart the slowing economy. For a live Bitcoin Price chart, click here.
The post Newsflash: Bitcoin Price Hits $290 appeared first on CCN: Financial Bitcoin & Cryptocurrency News.
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