Bitcoin is On Fire

by Nathan McDonald
Sprott Money

Although both gold and silver bullion are recovering nicely at the time of writing—with gold cresting above the $1840 USD per oz. mark and silver above $24 USD per oz.—they do continue to be stuck in a trading range, with repeated pressure keeping them from moving to new highs.

One market also experiencing continued setbacks only to rally hard into strength is the king of the Crypto markets, Bitcoin, which is once again on red hot fire.

The Rollercoaster Ride Continues

Last week I discussed how Bitcoin had a phenomenal month of gains throughout November only to then suffer a massive correction that sent price tumbling by thousands of dollars in the span of only a few short days.

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