[2016-09-05]What Cooked the Recent Bitcoin Rally?

[BTCBinary]

What Cooked the Recent Bitcoin Rally?

Like many times in the past, the sudden movement of Bitcoin price is attributed to an increased interest in the digital currency among Chinese investors. China plays a major role in the Bitcoin economy. From mining to trading, the country’s Bitcoin community is heavily invested in the ecosystem. The Chinese mining pools already contribute over 50 percent of the total hashing power on the Bitcoin network...

http://www.newsbtc.com/2016/09/05/renewed-chinese-interested-in-bitcoin-influenced-by-ongoing-g-20-summit/