the price is up because the miners cannot sell at prices lower than this as the mining difficulty has gone up immensely...same as gold...if you have to do sophi

the price is up because the miners cannot sell at prices lower than this as the mining difficulty has gone up immensely...same as gold...if you have to do sophisticated digging then you will do it only when the price of digging is less than the price of gold...it will only go up more if the mining difficulty continues at the same pace