Bitcoin is soaring, and on track for its biggest gain since April
|11/28/2018||Posted by BusinessMediaguide.Com under General World News||
- Bitcoin surged as much as 10% Wednesday, its biggest daily gain since mid-April.
- It has fallen 40% since November 14, a few days before a hard fork in its rival bitcoin cash.
- Over the long run, cryptocurrencies are in good shape because the blockchain industry is growing at a rapid pace, an analyst said.
- Watch bitcoin trade live.
Bitcoin, the biggest cryptocurrency by market value, surged as much as 10% Wednesday to an intraday high of $4,725 a coin, making for its biggest daily gain since mid-April.
Wednesday’s surge comes after Bitcoin and its rival <a target="_blank" read more >>>