Bitcoin Hits Two-Year High Ahead of Key Event

The price of the digital currency bitcoin hit a two-year high, trading above $700 on Monday morning after it spiked 21% over the weekend as traders raced in front of an unusual event called the “halving,” an adjustment to bitcoin’s protocol designed to control the creation of new coins.

Most recently, it was trading at $703. The last time the currency

Read more ... source: TheBitcoinNews