Today was a whirlwind for the financial markets. We saw the US market take a HARD hit, the DOW dropped 2 percent, S&P 500 was down 2.1 percent ,and NASDAQ fell by 2.4 percent. This all coming on the heels of further news on Greece's debt crisis. Greece has closed its banks for the week as the PM ditched the last negotiation efforts. Greek is posed to vote on a referendum this weekend. This being said as people pull out of Greece and move their money elsewhere, we are seeing a high spike in the price of BTC. Bitcoin is a crypto-currency that ditches the central bank and provides more security to its users. BTC was at $622 a coin this time last year, I believe we will see sharp spike in the price no matter what Greece decides this weekend. Don't be left behind on this train, BTC started out somewhere aroound $20 a coin a few years ago and trades for well over $200+ a day.
7/6 Update: When I first wrote this BTC was $250 it has since climbed to highs of $275 as of today.
A 10% increase
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