CoinDesk BPI

Bitcoin records high with rising demand from Japan

Bitcoin price index went up high on Monday, with a 5.5 percent surge and touched a record of $1,422.22 and closed near $1,415 on Monday, as per CoinDesk. CoinDesk analyst – Alex Sunnarborg, reported a rise in global trading volume majorly from Japan and its bitFlyer bitcoin exchange. Bitcoin is a digital currency which is used for purchasing goods or services through online trading using any wallet software or an online payment service. It is the medium through which traders buy digital technologies and with a rise in interest in cryptocurrencies like Ethereum, bitcoin is experiencing more demand. Spurred by increasing global trading activity, the digital currency is adding more numbers in the market. Brian Kelly, Founder – Brian Kelly Capital, told a news channel, “The biggest drive...

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