Post
Topic
Board Economics
Re: Greek debt crisis and the Biticoin Price
by
BillyBones
on 03/07/2015, 19:48:34 UTC
Over the past week, the Bitcoin price has made its strongest move to the upside in three months – a move that took place just as the Greek debt crisis escalated. The price of Bitcoin has jumped from a low of $240.22 on June 24 (CoinDesk) to as high as $255.58 earlier today (Friday). What is the possibility for the price continue growing?
If you are considering that because of Greece the price goes up, then what was the reason Bitcoin rates decrease to low earlier, it is matter of money value fluctuation rather than the crisis.