Individuals Flock to Bitcoin and Asian Demand Soars, Pushing Price to All Time High

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·@odigetti·
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Individuals Flock to Bitcoin and Asian Demand Soars, Pushing Price to All Time High
Bitcoin seems to be going from strength to strength, recording a new all time high of $8725 on Saturday. While this is impressive in itself, investors who held Bitcoin before August 1 are doing even better, as the combined price of Bitcoin and Bitcoin Cash has crossed $10,000.

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After a relatively quiet few days, Bitcoin seems poised to resume its uptrend. The price jumped up from a low of $8,200 to cross $8,700 in under 12 hours. The rally seemed to be driven by retail investors in Asia, with the largest volume being traded on Bithumb and Bitfinex.
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