Bitcoin Market Wrap Up 7/12 – 7/19: BTC Down 10%, Markets Holding Steady

Bitcoin Market Wrap Up 7/12 – 7/19: BTC Down 10%, Markets Holding Steady

Bitcoin, among other coins, saw both an increase in price followed by a hefty decrease in price shortly after. Bitcoin broke $300 after nearly a month of steady price gains. Unfortunately, the price was not able to stay there for more than a couple of days and since then price has fallen. While the price has attempted on multiple occasions for reentry into $300, the highest Bitcoin has been this week $294. Price has continued to decline and seems to be hovering in the upper $270’s as of right now, equating to a 4% decline for this week. With a current price at $276.95, and 24-H volume of....


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NuBits Market Cap Holding Steady During First Week

NuBits is a new cryptocurrency from Peershares developer Jordan Lee. The coin's mission is to eliminate price volatility by pegging coin value to the value of the U. S. Dollar and adjusting coin supply to match investor demand. NuBits launched on September 23 with the goal of creating a currency with a stable price. NuBits accomplishes this by adjusting the coin supply to match investor demand, rather than letting the markets control the price. NuBits debuted fairly high on the coin market cap charts, and though the sample size is incredibly small, the NuBits market cap has remained steady....