Bitcoin climbs above $3,400
Headed for the biggest daily rise in nearly three weeks
A bitcoin logo is seen at a facility of the Youth and Sports Ministry in Caracas, Venezuela February 23, 2018. PHOTO: REUTERS
LONDON:
Bitcoin rose sharply on Monday, climbing above $3,400 in a move traders ascribed to heavy buying on Japan and Hong Kong-based exchanges.
Bitcoin sinks to two-month low
The original cryptocurrency jumped as much as 11 the on the Bitstamp platform and was headed for its biggest daily rise since November 28.
The bigger Cryptocurrencies get, the worse they perform
Bitcoin has fallen around 80 per cent from its record high last December. In the last three months, it has fallen nearly 50 per cent.
Bitcoin rose sharply on Monday, climbing above $3,400 in a move traders ascribed to heavy buying on Japan and Hong Kong-based exchanges.
Bitcoin sinks to two-month low
The original cryptocurrency jumped as much as 11 the on the Bitstamp platform and was headed for its biggest daily rise since November 28.
The bigger Cryptocurrencies get, the worse they perform
Bitcoin has fallen around 80 per cent from its record high last December. In the last three months, it has fallen nearly 50 per cent.