Bitcoin Price Surpasses $300, Drops After Greek Bailout

Bitcoin Price Surpasses $300, Drops After Greek Bailout

The bitcoin price surpassed the $300 mark over the weekend reaching its highest level since 10th March at 15:00 (UTC), according to the CoinDesk Bitcoin Price Index. Bitcoin's value reached $300.32 at 09:15 on 12th July, spiking to $313.77 at 14:45 on 12th July. Despite hovering over $300 throughout the whole of Sunday, the price dropped by 4.8% from $304.22 this morning (07:00) to $289.48. Emerging theories. Bitcoin has been touted as a safe haven asset during times of economic turmoil, which, according to some, has seen the digital currency gain increasing momentum in the wake of the....


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Spartan Route Offers Invoicing and Bitcoin Payment Service to Greek Businesses

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Bank Lines in Athens Trigger a Rush to Gold and Bitcoin

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Bitcoin Drops 10%+ Instantly as Greece Strikes Deal

Bitcoin promptly lost over 10% of its value in minutes Monday morning as news of a Greek bailout deal surfaced. The latest financial aid package, agreed after over 17 hours of talks between Athens and its creditors, will see Greece adhere to strict financial reforms. In a post-talks conference, Eurogroup President Jeroen Dijsselbloem praised what he called Greece’s “constructive position,” while German president Angela Merkel said she thought that “trust could be regained” between Greece’s partners. Trust, however, which will be backed up by Greece’s surrendering 50 billion euros of public....

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