Bitcoin is heading back towards all-time highs as prices across the ecosystem approach the $1,250 barrier.
Following a month of subdued value after the Winklevoss ETF rejection in March, a steady resurgence has been underway. Now, the price per Bitcoin is hot on the heels of the highs witnessed prior to the ETF decision.
Data from CoinMarketCap shows sustained upward trends for Bitcoin, against a recent backdrop of considerable altcoin volatility.
The kink in the chain is again focussed on China, where regulatory upheaval has resulted in continued uncertainty for investors. It is not just exchange users who are facing funding problems; it is also reported that over-the-counter traders have been singled out and had capital liquidated.
Poloniex, traditionally a major altcoin market, is currently listing a price per Bitcoin of over $1,300.
Little information is known about Poloniex’s decision, with some of the currencies earmarked for delisting considerably more well-known than others.