[2016-09-08] Bitcoin Price Flirts With $630 as Traders Bet Long

[Karartma1]

The price of bitcoin surged more than 2% on Thursday, 8th September, nearing $630 as speculators caused the digital currency to extend gains produced earlier this week.

The digital currency’s climb did not coincide with any major news catalysts, and while trading volume picked up to the last few sessions, it was still generally low.

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[1Referee]

Always when the price goes up, people expect the rise to be related to certain "good" news. No need for good news. The price is just recovering from the Bitfinex saga, that's all.