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Bitcoin’s price hits $1350 and reaches new historical maximum

On March 10, the Bitcoin price made a sharp upside move, rising by more than $150 in a few minutes.

As at 13:15 GMT, the price of Bitcoin to $1350 and $1336 on Bitstamp and Bitfinex respectively for a brief moment.

 

At the time of publication, there was an increased volatility in the exchanges.

Currently, the reasons for this surge of the price remain unclear and there is no official news that the ETF of Winklevoss twins has received the approval of the regulator (which, as predicted, may lead to the cryptocurrency’s value growth).

And there is also no information on the causes of this rapid growth in the Reddit thread.

Meanwhile, a well-known trader has his own explanation

The US Security and Exchange Commission’s decision on Winklevoss Bitcoin Trust will be rendered until Monday, March 13, but it is expected to be known by the end of the week.

Update 1: As at 14:00 GMT, the situation on Bitstamp was as follows:

 

Source: forklog.com

  • March 13, 2017 6:02 PM MSK
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