Bitcoin prices advanced over 10 per cent in two trading sessions after The Wall StreetJournal reported Peter Thiel's Founders Fund has amassed hundreds of millions of dollars of the volatile cryptocurrency.
The report further said that the fund bought $15 to $20 million worth of the cryptocurrency and multiplied the principal investment by over 5 times.
Bitcoin jumped to $14,951 on January 3 from $13,354 on January 1. During the period, the digital currency hit a high and low of $15,300 and $12,787, respectively
The report further said that the fund bought $15 to $20 million worth of the cryptocurrency and multiplied the principal investment by over 5 times.
Bitcoin jumped to $14,951 on January 3 from $13,354 on January 1. During the period, the digital currency hit a high and low of $15,300 and $12,787, respectively
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