27 May '16, 4pm

Bitcoin Price Hits Six-Month High Amid 5% Surge

Bitcoin Price Hits Six-Month High Amid 5% Surge

Bitcoin prices surged more than 5% in the early hours of 27th May, a more than six-month high that saw the digital currency breaking out of the relative calm it had experienced in the last several sessions. Bitcoin prices reached a high of $479.39 between 07:00 and 07:04 UTC, which was its highest level since 4th November, 2015 and 5.6% higher than the currency’s opening price of $453.82. The digital currency retreated somewhat after reaching this high, dropping to a low of $470.12 between 08:45 and 08:59 UTC, before once again experiencing an upward climb that yielded a high of $477.87 between 12:45 and 12:59 UTC. As for the exact reason behind the move, the verdict is still forming. Some market participants speculated bitcoin’s rally was the result of manipulation on Chinese exchanges. It was pointed out on forums that bitcoin prices surged to nearly $500 on OKCoin and H...

Full article: http://www.coindesk.com/bitcoin-price-six-month-high-5-su...

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Bitcoin breaks $500 for new 1-year high

coinbase.com 28 May '16, 9pm

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cointelegraph.com 28 May '16, 5pm

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ibtimes.com 27 May '16, 4pm

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pymnts.com 03 Jun '16, 9am

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cointelegraph.com 26 May '16, 1pm

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profit.ndtv.com 31 May '16, 8pm

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themerkle.com 29 May '16, 7am

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coindesk.com 29 May '16, 12pm

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