Only a day after writing that bitcoin had reached new highs in the $360s, the currency slammed through the $400s up to $425 before investors took profits, sending the price dropping back to $385. The gap between the Chinese and American exchanges widened to $23.
The last time the price of bitcoin was above $400 was back in November 2014.
Amidst the conversation about the price rising, eclipsing previous 52-week highs, is a desire to justify […]