Bitcoin has marked a spectacular increase of around 10 percent over the past couple of days in a move that was nothing but sudden. Comparing Bitcoin’s situation now and back in 2016, analysts and industry experts think that the instability of China’s yuan against the USD could soon shift the country’s position in that regard. China’s Bitcoin Fever in 2016-2017 Many are comparing the parabolic movement of Bitcoin in 2019 to that back in 2016 and 2017, at the end of which the cryptocurrency had reached its all-time high price of around $20,000. Now that Bitcoin is up more than 270 percent since the beginning of 2019, ... (full story)