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Bitcoin Hits the Front Page of the Financial Times
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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.
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