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Is This The Real Reason Bitcoin Suddenly Soared? | Forbes

Bitcoin suddenly soared this week, with the bitcoin price rising more than 20% in the last seven days and jumping over $500 per bitcoin in a matter of minutes last night, only to fall back again.

The abrupt bitcoin price rally was largely put down to the escalating U.S. China trade war that’s being stoked by president Donald Trump and yesterday caused China’s yuan currency to weaken to its lowest point in more than a decade, prompting Trump to label Beijing a currency manipulator—but new data suggests there could be more to the latest bitcoin bull run.

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Is This The Real Reason Bitcoin Suddenly Soared?.

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