IG poised to widen market for spread bets on Bitcoin

IG Group is set to extend its service allowing customers to bet on the wildly fluctuating price of Bitcoin, the virtual currency that has captivated the interest of speculators and divided spread betting operators.

The popularity of Bitcoin bets on IG Group’s platform, which were only introduced at the beginning of April, follows the rapid rise in the price of a Bitcoin to $266 earlier this month and subsequent crash just days later to $54.

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