Bitcoin Price Hits $100+ Premium in Hong Kong After Violent Protests: Analyst

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By CCN Markets: Bitcoin has already come of age as a safe haven currency, a market analyst has pronounced. According to eToro’s senior market analyst Mati Greenspan, the cryptocurrency is trading at a premium of over $100 in Hong Kong on the TideBit exchange. Heavy Bitcoin Demand Results in Hong Kongers Paying Premium Price In Greenspan’s view, this a demonstration of the cryptocurrency’s ability to serve as a refuge currency in uncertain times. Bitcoin is trading at a premium of about $160 in Hong Kong. Pictured is the HK exchange TideBit where a single BTC is going for 73,120 HKD

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