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BTC/USD: Bitcoin Prices Rally Above $900 Amid Limited PBOC Intervention
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 ... (full story)
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- Jan 21, 2017 11:16pm Jan 21, 2017 11:16pm
- Pipmaster22
- | Joined Jul 2016 | Status: Junior Member | 1 Comment
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- Jan 22, 2017 2:26am Jan 22, 2017 2:26am
- andoseg2
- Joined Jun 2011 | Status: Swing trader using Market Cycles | 32 Comments
Money moves the market, not an indicator.
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- Jan 22, 2017 6:20am Jan 22, 2017 6:20am
- Not-KPMG
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Beware of robber banks (RB), bad advisors.
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- Muntu
- | Joined Mar 2009 | Status: Member | 138 Comments
Patience is magic