The Merkle: Bitcoin Price Watch: Currency Hits $8,900 Featured
At press time, bitcoin has swelled past the $8,900 mark, and it is expected to surpass $9,000 by early next week. Since yesterday, it has risen by over $100. In addition, the cryptocurrency market has jumped from roughly $324 billion to $385 billion since April 16, marking a $60+ billion spike in less than seven days. One of the reasons for the jump may be action occurring in South Korea. As a nation responsible for over one-quarter of the world’s cryptocurrency trades, South Korea usually sells digital assets at higher prices than neighboring countries like Japan, China and even the
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