Cryptocurrency

19/07/19 03:38 UTC-4

The influence of the US Congress on the BTC continues, the coin has reached $ 10,500

Bitcoin course is $ 10,500
Bitcoin course is $ 10,500

According to cryptobit.media, BTC today collected $10,500 after a month with moderate volatilityVolatility
– is a financial term that means a statistical indicator of price change. In the cryptocurrency world, it is used by traders as an indicator for managing financial risks. That is, it is a measure of trade risk and as a financial analytical tool for gambling. Details
.

 

BTC price increased

Bitcoin for some time was in a state of undervalued below 10 thousand dollars, but it seems now the coin is returning to the previously held higher levels.

Some analysts link the change in Bitcoin’s volatility rate with a recent congressional hearing on the Libra case. More on our site

After the second session of the Libra hearing in the US Congress, with fewer negative references to cryptocurrency, as the attention of representatives switched more to the Facebook project and less to the cryptocurrency system, Bitcoin took advantage of this opportunity to correct some of the consequences of yesterday’s fall.

At the time of this writing, it is estimated at $ 10,504, increasing the price by more than 6.27% in the last 24 hours.

The price of Bitcoin depends on the hearing of Congress, in connection with this, cryptocurrency has grown. Recall the day after the speech of Project Libra head, David Markus, to the Senate Banking Committee, he spoke at a new hearing before US lawmakers to further defend Libra’s rights.

 

Editor: Yuliya Soroka

See also: "Second day of interrogation: Marcus protects Libra from US lawmakers"

#Course #Bitcoin #cryptocurrency

Comments

Similar

16/08/19 07:00 UTC-4

A Wall Street analyst is confident in the growth of Bitcoin

Yesterday, August 15, a prominent Wall Street analyst and co-founder of Fundstrat Global Advisors financial agency, Tom Lee, said he was confident in the imminent increase in the value of digital gold. According to an interview at Fox Business, by the end of 2019, cryptocurrency could hit a new historic high.

13/08/19 07:49 UTC-4

Ethereum cryptocurrency will be at $1000: survey results

A few days ago, on August 10, Nick Patel, a well-known trader and author of the bestseller about altcoins, conducted a social poll on his Twitter, which concerned the value of the second cryptocurrency by capitalization level – Ethereum. The results showed that more than half of the respondents are sure that the coin rate will be above a thousand US dollars.

31/07/19 05:10 UTC-4

The US Senate held a hearing on regulatory cryptocurrency issues

Following the previous hearings in mid-July, on July 30, the US Senate Banking Committee on the regulatory framework for cryptocurrencies and blockchains held a hearing entitled "Study of the regulatory framework for digital currencies and blockchain."

Cryptocurrency
Exchanges
Mining
ICO, ІРО, STO
Fiat money, funds
Other