Bitcoin rises 2% but ‘demand is still a serious problem,’ says analyst

Bitcoin prices rise 2% but ‘demand is still a serious problem,’ says analyst

Bitcoin prices were moving higher on Thursday, gaining as much as 2% and dragging the digital currency more than 3.5% off Wednesday’s low. In morning action, a single bitcoin was fetching $3,837.21, up 1.5% since Wednesday’s level at 5 p.m. Eastern time on the Kraken exchange.