Bitcoin Jumps to Three-Month High as Yuan Weakness Fuels Buying ByTimothy SohnPRO INVESTOR Updated: 13 August 2021 DisclosureWe sometimes use affiliate links in our content, when clicking on those we might receive a commission – at no extra cost to you. By using this website you agree to our terms and conditions and privacy policy. Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong. Join Our Telegram channel to stay up to date on breaking news coverage (Bloomberg) – Bitcoin rose to an almost-three-month high amid a surge in volume as the yuan extended a six-year low, bolstering Chinese demand for alternative assets. The cryptocurrency jumped as much as 4 percent from Friday to $655.50, the highest since July 29, according to data compiled by Bloomberg. Trading volume climbed to an almost seven-month high of 5.5 million bitcoin on Sunday, data on Bitcoinity.org showed. Join Our Telegram channel to stay up to date on breaking news coverage
