Bitcoin Price Spikes Above $1,300 as ETF Decision Nears
Bitcoin prices saw a significant price spike this morning, briefly shooting above $1,300 to hit a new all-time high. Markets peaked at an average of $1,325.81, according to the CoinDesk Bitcoin Price Index (BPI), before falling sharply back below that level to hit a daily low of $1,178.54 – a change of roughly $133 within minutes. The price drop appears to have been seen most directly on digital currency exchange Bitfinex, reaching a low of $1,067.20, according to BFXData.com At press time, the price is an average of $1,263.98, BPI data shows. The price developments come as the US....
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Stablecoin Market Capitalization Continues to Swell, Tether Crosses $80 Billion
Monthly statistics show the largest stablecoin in terms of market capitalization, tether (USDT), increased by 2% this month as the valuation crossed the $80 billion mark. USDT is massive....