Bitcoin Well Above $700 Hitting Two Year Highs

Bitcoin is moving sharply higher and experts are offering three reasons why. First, Chinese investors are buying the digital currency to protect the value of their assets as the country plans to devalue its currency. Secondly, with the likely exit of the UK from the European Union, all of Europe is on the brink of a major financial cliff. Lastly, the amount of new Bitcoins coming into circulation will be reduced by half beginning in July. For more details, check out this article at Coin Desk.

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