Cryptocurency Chaos: Bitcoin Bounces Back After Crashing As Asian Fever Re-Emerges
After crashing $500 from its intraday highs today, Bitcoin has bounced back $300 off its intraday lows extending gains into what is likely to be another frenetic Asian session. While there are numerous drivers of the recent action, 'scaling' and 'asian fever' are the greatest factors with Japanese and Korean premia exploding.
Of course in context today's intraday drop is de minimus...