Bitcoin Forum

Bitcoin => Press => Topic started by: CrimBit on August 10, 2016, 03:43:12 AM



Title: [2016-08-10] Bitcoin Price Eyes $600 as Trader Optimism Returns
Post by: CrimBit on August 10, 2016, 03:43:12 AM
The price of bitcoin has begun to test $600 following a high-profile exchange hack that left a wake of uncertainty for traders last week.

Bitcoin prices reached a high of $598.64 this weekend, but since then have largely traded tightly in the $560 to $580 range, CoinDesk USD Bitcoin Price Index (BPI) figures reveal.

These figures were much improved over the low of $480 observed last week and come amid new transparency from Bitfinex, the troubled exchange that lost 120,000 BTC (worth more than $60m) in a theft that has to date attracted ample mainstream media attention.

http://www.coindesk.com/bitcoin-price-eyes-600-trader-optimism-returns/