Bitcoin rises 8pc after Citi backing
Bitcoin rises 8pc after Citi backing Michael Cogley, James Cook, Laurence Dodds © Provided by The Telegraph Bitcoin - AFP The price of Bitcoin has risen as much as 8.2pc following a Citi report that suggested the cryptocurrency could play a major role in the global financial system Bitcoin could become “the currency of choice for international trade,” a paper published by the investment bank’s Global Perspectives & Solutions group said. It added that Bitcoin could experience a “massive transformation” that catapults it into mainstream usage.That sent the price of ...