Bitcoin Prices Break $500 Barrier to Hit 20-Month High
Bitcoin prices broke through $500 on 28th May, building on the previous day’s momentum to reach a level not seen since August of 2014. The sharp increase notably helped extend the digital currency’s recent rally, which has provided a stark contrast to the relative stability bitcoin experienced in the last several weeks and for much of the first half of 2016. Overall, Saturday's move represented a 5.8% increase from its opening value of $473.47, a sharp rise that added to a 4.3% gain that took place on 27th May. The digital currency first broke through the $500 level between 06:00 and 06:14....
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