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Bitcoinist 2019-08-22 12:00:15

Three Reasons Why Bitcoin Price is Back Under $10K… Again

The early week’s run-up in the bitcoin price has continued to run out of breath as BTC dips back under five figures. The BTC/USD instrument settled a session low of $9,841.59 at around 16:05 UTC today, establish its five-day low. The pair moved downwards despite having full-backing of strong fundamentals. Late last week, Intercontinental Exchange’s cryptocurrency arm, Bakkt, announced that it had received regulatory approval to launch its bitcoin futures contracts. The platform even finalizedRead MoreThe post Three Reasons Why Bitcoin Price is Back Under $10K… Again appeared first on Bitcoinist.com.

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