Bitcoin Price Steadies at $1000 Despite Plunge in Chinese Trading Volumes
Coin and Huobi, bitcoin price has shown gains to breach the $1,000 milestone to settle at the new ceiling. While price has bounced up every day since the drastic drop, activity has shown drops under $1,000. The last time price dipped under the milestone was midday Tuesday (UTC). At the time of publishing, bitcoin is trading to the dollar at $1,011.49 on the BPI. With increasing scrutiny from the PBoC, the influential Chinese bitcoin trading market bears little resemblance compared to the thriving activity witnessed at the turn of the year. Repeated meetings as a part of the ongoing PBoC....
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