Bitcoin Hits the Front Page of the Financial Times
Bitcoin Feature
With all of the excitement around the growth in value of Bitcoin, the Financial Times front page yesterday was littered with Bitcoins.
A buying frenzy has sent the value of the total Bitcoin stock past $1.5bn and the price of a single Bitcoin has doubled in less than two weeks. Having passed $100 on April 1, it peaked at $147 in the small hours of Wednesday morning.
“Trading tulips in real time,” declared the veteran UBS stockbroker Art Cashin in a note to clients. “It is rare that we get to see a bubble-like phenomenon trade tick for tick, but all that may be changing before our very eyes.”
Read the full article at the FT.
[...] market cap has been on a tear lately and there seems to be no end in sight as the alternative currency passed $2 billion in market [...]