The price of bitcoin has been trending higher since our last markets update and is currently hovering around the $4,275 – $4,295 zone on September 30 at 11:00 pm EDT. The decentralized cryptocurrency has climbed roughly 2 percent on a daily basis over the course of last week as buyers steadily chew through market resistance.
Bitcoin Markets Feel a Quick Upwards RushBitcoin markets and traders betting on bitcoin’s uptrend had an active week closing out the month of September. Currently, traders and bitcoin proponents seem optimistic, as there have been a few positive announcements this week like 11 Japanese exchanges being approved by the FSA. News from China seem optimistic as cryptocurrencies are expected to be regulated on October 1. Bitcoin trade volume has ticked up a tad capturing $1.3B in daily trade volume, with global Localbitcoin’s trade volumes at an all-time high. Since the announcement of Chinese exchanges closing, Localbitcoin’s volumes in China have been the highest in recorded history.
https://news.bitcoin.com/markets-update-bitcoin-prices-see-some-uptrend-during-the-weekend/
