Bitcoin Price Reaches $500

The march goes on. Bitcoin price strikes $500. The Bitstamp Price Index bulldozed its way beyond $450 earlier today and has now reached $500, a figure struck at 13:20 UTC. The increase in price charts a remarkable rise from the beginning of October when the price of bitcoin opened at $237.15. In a little over a month, the price has since more than doubled. Bitcoin price has today reached a high of $502 and has since decreased to $492.72 at the time of publishing.   Experts point to various reasons including the increased outflow of capital away from China. A stagnating economy […]

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