Bitcoin Surged Past USD 900

Today the Digital Currency Bitcoin surged above USD 900 and currently trading at 907 in the European based BITSTAMP exchange. Now the market capitalization of Bitcoins surged above $14 billion compared to Twitter’s market cap of $12 billion. Value of Bitcoin more than doubled this year.

Bitcoin MarketCap

Experts believe that bitcoin’s surge is due to the steady depreciation of the Chinese yuan, which has slid almost 7% in 2016.

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