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Bitcoin boosts share prices: Cryptocurrency hits three-month high

From bangkokpost.com

Share prices of Thai listed companies with investment in Bitcoin rose after the cryptocurrency rebounded to a three-month high on hopes of wider acceptance as a payment method. {table} Prices of many cryptocurrencies continued to rise since the end of July, especially Bitcoin, which reached a three-month high of US$45,685 on Aug 10, up about 10% from the beginning of the month. Paradorn Tiaranapramot, assistant vice-president of Asia Plus Securities (ASPS), said a supporting factor driving the prices of cryptocurrencies is the prospective greater adoption of digital currencies as a payment method by major companies. ... (full story)

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