In a few hours China’s Huobi exchange have traded more than 30 000 Bitcoins. We have currently not found any good reasons for the sudden increase in trading volume and increase in price, but we are looking for it now. If you have any news that might have affected the trading volume on Huobi please let us know in the comment section below.

Editor’s Note: Despite all the hullabaloo in China surrounding Bitcoin, raised by the PBOC, it is clear just from Exchange volumes that China is Back.