Nick Marinoff · November 16, 2016 · 3:15 pm

The bitcoin price has jumped since our last price piece and once again, Asia is the continent to “blame.” After a massive recoil down to $704 (the price had hit $740 just a few days prior) our favourite digital currency is back on its heels and striking the $727 chord.

Also read: Bitcoin Price Activity Hints at Pending Growth in Stability

One source described the action in detail:

“The bitcoin price made significant gains in a trading hour today as price spiked up to nearly $740 on the Bitstamp Price Index (BPI), pushing towards the higher ceilings of the…

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