Bitcoin soars to record as buyers look beyond miners’ split

Source: Bloomberg

“Bitcoin extended gains to a record, ignoring a split in the cryptocurrency over its future. The digital exchange rate jumped as much as 16 percent from Friday to an unprecedented $3,292.41, even after bitcoin’s division last week. The debate has revolved around how to upgrade its underlying technology, with a group of developers backing a solution called SegWit2x against miners — some of whom have created an offshoot called Bitcoin Cash — who want to increase the size of data blocks more drastically.” (08/07/17)

https://www.bloomberg.com/news/articles/2017-08-07/bitcoin-soars-to-record-as-buyers-look-beyond-miners-split