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Bitcoin Surges 55% In Month – Chinese Moving Capital Into Bitcoin and Gold
Thursday, November 5, 2015 6:36
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by Mark O’Byrne
GoldCore
Bitcoin has been surging in value since mid October and gained more than 20% yesterday alone. At one point, it hit a yearly high of more than $491 (see chart).
[...] In August, bitcoin fell to a low for 2015 near $200 amid turmoil in the Chinese and global stock markets. But bitcoin transaction volume has been growing. Blockchain.info data shows that unique bitcoin wallet addresses—which are how users manage and trade bitcoin—are at an all-time high. Some have multiple bitcoin addresses, but such a spike suggests there are new users as well.
It’s not entirely clear what’s driven the most recent price gains.
Continue Reading at GoldGore.com…
Source: http://financialsurvivalnetwork.com/2015/11/bitcoin-surges-55-in-month-chinese-moving-capital-into-bitcoin-and-gold/?utm_source=rss&utm_medium=rss&utm_campaign=bitcoin-surges-55-in-month-chinese-moving-capital-into-bitcoin-and-gold
