Bitcoin Price Passes $420 Mark Amid Institutional Attention
Markets Weekly is a weekly column analyzing price movements in the global digital currency markets, and the technology's use case as an asset class. Bitcoin prices rose over the last week, pushing higher as the sentiment surrounding the digital currency strengthened. Bitcoin was trading at $421.69 at 12:00am (UTC) on 19th February, compared to $377.82 on 12th February at 12:00am (UTC), according to the CoinDesk USD Bitcoin Price Index (BPI). This increase represents a gain of more than 10%. This week provided a contrast to the prior seven-day period between 4th February and 11th February,....
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