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Bitcoinist 2019-08-01 16:00:22

3 Reasons Why Bitcoin is Back Above $10,000

Bitcoin rose above $10,000 as July came to an end but that wasn’t enough to prevent BTC’s first monthly loss in 2019. Here are three likely reasons responsible for the move above $10k. Fed Rate Cut For the first time in a decade, the U.S. Federal Reserve cut interest rates by a quarter of a percentage point (0.25%). After a momentary slip, BTC above $10,000 within the space of five hours. Many commentators have arguedRead MoreThe post 3 Reasons Why Bitcoin is Back Above $10,000 appeared first on Bitcoinist.com.

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