24 Oct '16, 4pm

The Tell: Bitcoin hits 3-month high as Chinese investors flee falling yuan: Bitcoin prices soared to their hi...

Bitcoin prices soared to their highest levels in three months over the weekend as Chinese investors sought protection from a weakening yuan. Trading volume in China surged on Saturday, with nearly 99% of global trades executed on OKcoin, Huobi and BTCChina, three of the largest Chinese exchanges, according to CryptoCompare, a company that analyzes trading activity in several cryptocurrency markets, including bitcoin. OKcoin customers paid as much as 4,572 yuan, or $676, for a single coin, the highest level since mid-July, as prices on U.S.-based exchanges lagged behind their Chinese peers. ne bitcoin US:BTCUSD was worth $654 on Monday, according to CoinMarketCap, its highest level since late July, as Chinese exchanges continued to experience heavy trading volume. Bitcoin’s big move comes as the value of Chinese yuan USDCNH, +0.2038% traded in certain offshore markets fell ...

Full article: http://www.marketwatch.com/story/bitcoin-hits-3-month-hig...

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Bitcoin hit a 3-month high as Chinese investors...

marketwatch.com 24 Oct '16, 9pm

Bitcoin prices soared to their highest levels in three months over the weekend as Chinese investors sought protection from...

Bitcoin hits a 3-month high as yuan extends a 6...

bloomberg.com 24 Oct '16, 1pm

Bitcoin rose to an almost three-month high amid a surge in volume as the yuan extended a six-year low, bolstering Chinese ...

via @markets

bloomberg.com 24 Oct '16, 11am

Bitcoin rose to an almost three-month high amid a surge in volume as the yuan extended a six-year low, bolstering Chinese ...

Chinese investors looking for a refuge from the...

wsj.com 04 Nov '16, 10am

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Chinese Investors Buying Up Bitcoin as Yuan Falls

wsj.com 04 Nov '16, 10am

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