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Author Topic: [2016-05-30] TechCrunch: Bitcoin price jumps 21 percent over 4 days, reaching...  (Read 305 times)
pawel7777 (OP)
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May 31, 2016, 06:27:47 AM
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Bitcoin price jumps 21 percent over 4 days, reaching a 21-month high

http://techcrunch.com/2016/05/30/bitcoin-price-jumps-21-percent-over-4-days-reaching-a-21-month-high/

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Bitcoin is back! Or at least, there are positive signs indicating that bitcoin might not be as dead as everybody thought. Bitcoins are now trading at $547.40 on Bitfinex (the largest USD/bitcoin exchange according to Bitcoinity). And it represents a big 21.4 percent price jump over just four days.

Today’s price represents a 21-month high. Surprisingly, bitcoin prices had been relatively stable for the last two months before this weekend’s jump.

What’s the reason behind this jump? It’s hard to say. Huobi and OKCoin, the two dominant Chinese exchanges, have seen many new sign-ups, as well as many buy orders.
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May 31, 2016, 06:32:12 AM
 #2

Yeah crazy things are going on now in the crypto world.
This is what exactly happend the past days, and it will continue to do so:
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