Bitcoin hits a new all time high!

Bitcoin believers around the world are celebrating today as BTC hit a new all time high, breaking the $5300 mark.

The previous record, $5013 was set in September earlier this year.

So, why the leap? Good news abounds! After a sharp dive a couple months ago as China's government started flexing their regulatory powers people began selling off their BTC.  However, all signs currently point to China returning to the market, with some new rules for Chinese investors.

This, along with two new bitcoin forks we mentioned earlier are sending bitcoin to the moon!

Author: Adam Lee
Asia News Desk