Following a rough two-week period, it seems like the predictions regarding bitcoin’s alleged recovery might be coming true. Yesterday saw the currency trading at roughly $7,100. A $300+ jump is now in the books, and at press time, bitcoin is trading for just shy of $7,500. This is a near five percent spike in less than 24 hours. The move likely stems from the recent report that Japanese cryptocurrency exchange Coincheck is on course to be rescued. Last January, Coincheck was the victim of one of the largest hacks in history. The platform lost over half-a-billion dollars in NEM coinsPowered by WPeMatico
