Bitcoin Price Watch: Currency Spikes to $8,800

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At press time, bitcoin is trading for roughly $8,800. This is a $200 jump from where it stood just 24 hours ago, and investors are receiving a glimmer of hope for the future. The price bump suggests that bitcoin’s power is continuing to grow stronger, and despite a few ups and downs this week, the currency is finding it relatively easy to recover from negative hype. Granted bitcoin can keep up its momentum, we may witness the currency spiking into the $9,000 range again this week. The price had recently been marred by activity in both Japan (Mt. Gox) and

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