After weeks of calm waters, the price of bitcoin broke out this week, spiking to a high of $257 on 17th June.
Of particular focus for many observers was the speed at which the market made its gains, with most of the run occurring between 13:00 and 15:00 UTC on 16th June. Though such volatility is by no means uncommon in the bitcoin market, the wider community quickly sought to correlate the market movement to […]
