Newsflash: Bitcoin Price Leaps $40 to Touch $369 Today
Having broken out of a wedge pattern, Bitcoin price quickly gained momentum and galloped to hit a high of $369 today. The Bitstamp Price Index started the day at $328.90 and quickly rose through the morning to peak at $367.44 at 12:40 UTC today, November 26. The figure represents a two-week high with Bitcoin price last seen at the $350 mark on November 10, with Bitcoin price hitting a monthly low of $300.30 the next day. Bitcoin price struck a high of $502 this month with multiple factors such as an outflow of capital away from China, increased trading among Chinese exchanges and the....
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