Markets Update: After Some Stability Bitcoin Price Trends Downwards

in #bitcoin7 years ago

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Bitcoin’s Price Drops 10 Percent Against the Dollar

As bitcoin maintained the $2700 average, a few bitcoin traders were probably getting bored because the price didn’t show much movement. However, bitcoin’s value fell against the U.S. dollar five solid legs down starting at 10 am EST on Saturday. After taking a steep drop and coming close to going below the sub $2500 range the price of bitcoin bounced back a leg up to $2585 but has since been consolidating around the $2530 territory.
https://news.bitcoin.com/markets-update-stability-bitcoin-price-trends-downwards/

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