Dec, 2016 : Rally by Bitcoin Beats Out All other Currencies in 2016


📅 - Bitcoin has emerged as a better bet than any major foreign-exchange trade, commodity contract or stock index. The electronic coin is regulated like gold and oil and has surged 79% since the beginning of 2016. It's up to $778, which is the highest it has been since early in 2014.

The electronic currency has outperformed the Russian ruble and Brazilian real by as much as four times, which are the two top hard currencies in the world. Many reasons have caused the currency to have a large comeback since falling 58% in 2014. With new consumers and companies adopting the currency, some expect it to continue to rise.

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Reads: 942 | Category: General | Source: TheHN : The Hosting News

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