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IPFS News Link • Bitcoin

Something Snaps In China As Bitcoin Takes Out Stops, Soars Higher

• http://www.zerohedge.com, by Tyler Durden

At 1815ET, after trading in a very narrow $1 range for hours, Bitcoin suddenly exploded $17 higher on very heavy volume. Normally this wouldn't warrant an explicit mention, but this time... something odd happened in Chinese currency markets...

Offshore Yuan suddenly snapped 12 pips lower after noise trading in a 1 pip range for hours... just as Bitcoin spiked...


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