[2016-06-13] Mint: Bitcoin surges to 2-year high as supply seen shrinking in Jul

[polynesia]

Bitcoin surges to two-year high as supply seen shrinking in July

http://www.livemint.com/Money/8UtwbY1Shw1tWLMQN5RQbP/Bitcoin-surges-to-twoyear-high-as-supply-seen-shrinking-in.html

Bitcoin surged to a two-year high amid expectations supply of the digital currency will shrink next month.

The cryptocurrency rallied to $696.5 on Monday in Hong Kong, the highest since February 2014, according to data compiled by Bloomberg. It was trading at $689.23 as of 3:50 pm in Hong Kong, up 19% from Friday.

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[polynesia]

Covered by other publications as well.

http://profit.ndtv.com/news/forex/article-bitcoin-hits-2-year-high-as-yuan-worries-drive-chinese-demand-1414186
http://www.business-standard.com/article/international/bitcoin-surges-to-2-yr-high-as-supply-seen-falling-in-july-116061400036_1.html