Why Bitcoin Is Surging, Again, Up 130% This Year

The price of bitcoin surged over the weekend and into Monday morning as a new wave of speculative investment drove up prices.

Bitcoin traded above $2,200 on Monday, according to the news and research website CoinDesk. That was up about 9% on the day and more than 15% from Friday’s closing price of $1,913, which itself was a fresh high.

Bitcoin is up more than 130% this year alone, and about 397% from one year ago.

Read more here: https://www.wsj.com/articles/why-bitcoin-is-surging-again-up-130-this-year-1495473654