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Bitcoin’s price has been on a roll of late.
The CoinDesk Bitcoin Price Index (BPI) recently crossed back above $590 on the 27th of May, representing a 64% gain from 10th April when the price was as low as $360.
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Portfolio trading growth may signal a shift towards electronification, efficiency and minimal price impact.
Regulations and disintermediation may not go hand-in-hand.
The trend is unmistakably upward, Meritsoft notes.