26 Dec '16, 3pm

Bitcoin keeps popping with prices at 2016 highs

Bitcoin keeps popping with prices at 2016 highs

The cryptocurrency bitcoin surged five percent on Friday, following a two-day rally. It was trading at $905 against the US dollar as of 1:25 pm GMT and is on track for its best annual performance since 2013. It’s the first time this year the digital currency has been above $900 for a single coin, more than doubling in value since January. Some experts say there has been no news trigger over the last few days to drive a new spike of the bitcoin price, others attribute it to the plunging Chinese currency and to concerns that the world’s largest economies are growing increasingly unstable. “Nothing is moving at the moment like the digital currency which is blowing right through the roof,” Mati Greenspan, a senior market analyst at trading platform eToro told Business Insider. “You’re talking about the eurozone fracturing, you’re talking about the Chinese yuan devaluation, you...

Full article: http://www.infowars.com/bitcoin-keeps-popping-with-prices...

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Bitcoin keeps popping with prices at 2016 highs

Bitcoin keeps popping with prices at 2016 highs

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