With the price of bitcoin at 20-month highs, market observers are beginning to assert the digital currency's strength could be drawing the interest of new global traders.
With many market participants struggling to get returns from more traditional asset classes, investors are now being prompted to look at investments they would not have considered before, such as digital currency, they argue.
According to Tim Enneking, chairman of cryptocurrency investment fund EAM, the price rally the digital currency enjoyed just weeks earlier can be attributed, in part, to investors' thirst for yield.
http://www.coindesk.com/bitcoin-price-performance-mainstream-traders/
