View full page at forexfactory.com

 

BTC/USD: Bitcoin Prices Rally Above $900 Amid Limited PBOC Intervention

From economiccalendar.com

Bitcoin mounted a large comeback this week, as the flight to haven assets resumed on optimism China’s central bank would refrain from placing additional restrictions of crytocurrency trading. The BTC/USD exchange rate surged 3.2% to $919.88 at 1:39 pm ET, according to CoinDesk BPI. The world’s most actively traded cryptocurrency reached a session high of $927.24 on Saturday, and was on pace for its strongest settlement in two weeks. Several rallies throughout the week briefly pushed bitcoin prices above $900, including a more than 9% gain on Tuesday. The crytocurrency is consolidating after its biggest flash crash in ... (full story)

Story Stats

  • Posted:
  • Category: Breaking News