Bitcoin Ticks Higher As Overstock CEO Predicts A Cryptocurrency 'Revolution'
Bitcoin has ticked higher over the last 24 hours, boosted by positive sentiment across major cryptocurrencies, two-year record-low volatility, and bullish comments from the chief executive of Overstock, the U.S. Amazon rival — which began accepting bitcoin back in 2014.
Bitcoin and cryptocurrency boards showed a sea of green for the last 24 hours trade, with bitcoin cash adding a huge 13% as a looming fork adds trading volume and miners join the network to have their say on the potential split. Bitcoin itself added 2% to trade above $6,600 for the first time mid-October.Bitcoin bull Patrick Byrne, Overstock's CEO, meanwhile told crypto YouTuber Naomi Brockwell he is still expecting the mass adoption of cryptocurrency and the collapse of the current established financial system.