To some market analysts, quiet, expensive stock markets are being overlooked by worrisome speculative activity in products such as bitcoin.
The price of the digital currency has surged since the end of last year, topping $3,000 earlier this month from $968 at the end of December, according to CoinDesk. Bitcoin traded around $2,750 on Friday.
A rival has soared even more. Ethereum, also known as ether, leaped more than 4,000 percent from around $7 last December to above $300 this month. The overall market value for cryptocurrencies has risen from below $20 billion at the start of this year to above $110 billion, according to CoinMarketCap.
Read more here: http://www.altcointoday.com/bitcoin-speculators-new-day-traders/
Great information @zeroshiki 👍
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