Bitcoin price jumped 21 percent over 4 days, reaching a 21-month high. What’s the reason behind this jump? It’s hard to say. But increasingly, bitcoin’s price variations are correlated with macroeconomic trends in China, perceived as an alternative asset class for many people in China. Would you invest in Bitcoin right now? #bitcoin #China #economy #ChineseEconomy #blockchain #money #currency #tech #TechCrunch



Bitcoin price jumped 21 percent over 4 days, reaching a 21-month high. What’s the reason behind this jump? It’s hard to say. But increasingly, bitcoin’s price variations are correlated with macroeconomic trends in China, perceived as an alternative asset class for many people in China. Would you invest in Bitcoin right now? #bitcoin #China #economy #ChineseEconomy #blockchain #money #currency #tech #TechCrunch
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