A lot of the current price is because of the Chinese market. If you follow the price surges, usually the exchange BTCChina is the one that starts rising first,

A lot of the current price is because of the Chinese market. If you follow the price surges, usually the exchange BTCChina is the one that starts rising first, followed by the US exchanges. The Genesis Block did a good analysis on the Chinese markets a few weeks ago [1]. I really like the bottom chart in that article, which graphs the price differential between Chinese and US exchanges. [1] http://thegenesisblock.com/bitcoin-climbs-highest-price-since-april-led-cny-movement/ http://thegenesisblock.com/bitcoin-climbs-highest-price-sinc...