Market Extra: Chinese buyers push bitcoin price to highest level since Mt. Gox blowup

About 85% of bitcoin transactions globally are being conducted in yuan, data showAnxieties about the unsustainable runup in Chinese corporate debt sparked a massive rally in bitcoin that sent the price of a single coin to its highest level in more than two years.

Leave a Reply

Your email address will not be published. Required fields are marked *

*

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>