Bitcoin Price Dips Closer to $400 Following Network Disruptions
While the bitcoin network’s capacity challenges have been generating substantial visibility, the digital currency enjoyed robust trading volume this week, with market participants transacting more than 28m BTC in the seven days through 12:00 UTC on 4th March. Likewise, bitcoin's price was relatively stable, falling less than 1% heading into 12:00 UTC on Friday. This figure increased to 3.3% as the price deflated to $409 by 23:59 UTC, figures from the CoinDesk USD Bitcoin Price Index (BPI) reveal. This figure was $10 higher last week when bitcoin traded at $421.01 at 00:00 (UTC) on 26th....
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