Tuesday, May 31, 2016

Chinese Investors Fueling Bitcoin Price Jump, Wall Street Journal Reports

The 16% jump in bitcoin’s price in the past four days has largely been driven by Chinese investors, according to The Wall Street Journal, despite government efforts to curb bitcoin trading. The surge, which pushed bitcoin to $525.49 on Monday, has added $1.2 billion in market capitalization. The surge is also credited to the expected […]

The post Chinese Investors Fueling Bitcoin Price Jump, Wall Street Journal Reports appeared first on CCN: Financial Bitcoin & Cryptocurrency News.

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