3 Reasons Why Bitcoin Price Has Surged $700 This Week

Bitcoin has bounced back above the $10,000 level, gaining over $700 since Sunday. Here are three of the main drivers for why the dominant cryptocurrency is rallying right now. Binance & Bitfinex Announce Bitcoin Derivatives While Bitcoin started as a decentralized digital currency meant for peer-to-peer transactions, crypto exchanges reshaped the coin’s flow by handling most of the trading. Now they propose various approaches to get indirect exposure to BTC, especially through derivatives. Yesterday, BinanceRead MoreThe post 3 Reasons Why Bitcoin Price Has Surged $700 This Week appeared first on Bitcoinist.com.