Bitcoin Rises as Biggest Asset Manager Studies Crypto Technology

Bitcoin headed for its largest increase in two weeks on Monday, as BlackRock Inc. became the latest big name to signal an interest in the technology underpinning digital currencies.

The biggest crypto-coin advanced 5.5 percent to $6,525 as of 6:51 a.m. in New York, according to composite prices on Bloomberg. Rival coins Ripple, Ethereum and Litecoin all climbed at least 5 percent. Bitcoin hasn’t notched a one-day gain of more than 2 percent since July 2.

Sourced through Scoop.it from: www.msn.com

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