Bitcoin breaches $3100

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Bitcoin breaches $3100

Bitcoin rising up

Bitcoin is rallying hard today, rising from 2865 on Aug 4th to 3120 on Aug 5th!

Bitcoin crosses 3100 USD

Bitcoin crosses 3100 USD

Multiple speculated reasons for the rally include:

  1. Large Bitcoin Cash holders cashing out their Bitcoin cash (BCC) into Bitcon (BTC)
  2. Anticipation of Segwit lock-in

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