Bitcoin Price Breaks $200 Mark at Mt. Gox

Bitcoin Price Breaks $200 Mark at Mt. Gox

Courtesy: bitcoincharts.com. For the first time in months, the price of Bitcoin has climbed past the $200 mark at one of the leading Bitcoin exchanges, Mt. Gox. The surge, which is hovering in the $200USD-area as of this writing seemingly comes as a result of Chinese demand for the virtual currency. The demand, which many think was sparked by Chinese search engine Baidu's recent announcement that they'll be accepting Bitcoin payments has brought the price of Bitcoin up to about 1250CNY. How long the rally will last is anyone's guess, however. Discussions online have many thinking the price....


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