Weiss Ratings is warming up to Bitcoin (BTC), increasing its overall rating to B+. Until recently, the leading coin was graded as a B. In the past few days, BTC also showed record activity on its markets, potentially signaling capacity for wider adoption and markets that are large and liquid enough.
The overall grade is marked A for the technology and adoption, but C+ for the risk/reward ratio. BTC remains extremely volatile, and it is still impossible to determine whether trading is entirely organic, as there are strong indicators of concerted market actions.
In the past week, BTC moved as high as $13,800, before crashing as low as $10,500, later to r...