Bitcoin Price Watch: Currency Endures a $300 Jump

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Bitcoin’s price is enjoying a healthy, $300 spike. After yesterday’s price of $6,600, bitcoin is now trading at a solid $6,900. One reason for the jump may stem from new details regarding India’s stance on cryptocurrencies. Over the past few days, several sources have reported that India was entertaining a permanent ban on bitcoin and other digital currencies so it could focus on creating a national cryptocurrency for users to enjoy. This sent bitcoin into a long spiral, and the news was widely blamed for the currency’s drastic fall. We have since learned that this report wasn’t entirely true –

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