BTC China Monthly Volume Exceeds 1M Bitcoin

Mt.Gox — the self-proclaimed world’s largest bitcoin exchange — is losing its place. BTC China now has the highest monthly volume among exchanges, with about 1,031,000 BTC (at the time of this writing).

The news comes as interest in Bitcoin in China has spiked over the last several months, prompting millions of buys from the Chinese, subsequently driving up prices around the world.

How will Mt.Gox fare in the months ahead?

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