Bitcoin just broke past the $6,000 mark after reports China is rolling back on cryptocurrency ban

Bitcoin just broke past the $6,000 mark after reports China is rolling back on cryptocurrency ban

Bitcoin has surged in value today (Source: Getty) Bitcoin has surged past the $6,000 mark. A tweet by Swiss blogger @Russian_Market attributed the increase to the fact that China has published no further ban on the cryptocurrency. The news comes a month after China clamped down on mainline residents trading cryptocurrencies . Chinese authorities ordered cryptocurrency exchanges to stop trading, causing the value of bitcoin to drop to $3,226.41 on 20 September. Since then, the value rose to $5,699.58 at the open today, spiking from $5659.40 at 1.36pm to another all-time high of more than $6,000 this evening. Bitcoin […]