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NewsBTC 2019-08-05 12:00:08

Bitcoin Soars Towards $12k as Yuan Hits Decade Low

Bitcoin rose above the $11,800 level on Monday as People’s Bank of China (PBoC) pushed the Chinese Yuan to its decade low. At around 0740 UTC, the BTC/USD instrument established a local high of $11,860, up 6.67 percent in the past 24 hours. The move upward brought the pair’s 7-day gains to 23.93 percent. The...The post Bitcoin Soars Towards $12k as Yuan Hits Decade Low appeared first on NewsBTC.

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