Why Bitcoin is surging again, in plain English

The price of Bitcoin surged more than 17% in the last 24 hours and now sits at $2744, not too far from its June all-time-high of about $3,000. 

Here’s what’s happening: Bitcoin is being updated. The update has the chance of causing a serious rift that threatens some of the best things about Bitcoin, including how easy it is to use. It’s a complicated process, but things are looking good right now for that rift not actually happening. But we’re not out of the woods yet.

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