On May 31, one the biggest Bitcoin exchanges in China by OKCoin is back on track helping to improve the Chinese exchange market after the suspension of withdrawal transactions.
As a result, more Bitcoin investors are resuming their interest and driving up the demand for Bitcoin. Thanks to the resumption of withdrawals, Bitcoin is now traded at a premium rate in China compared to last year. Also, mainstream Chinese media coverage that shows Bitcoin as digital gold in the country increases Bitcoin demand for local traders.
