Bitcoin Price Increasingly Gettting Higher and Stronger
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| Cointelegralh |
The Winklevoss twins’ Bitcoin ETF COIN which was disapproved by the US Securities and Exchange Commission on March 10 price was recovered almost immediately thereafter, stabilizing at $1,225.
Today, the Bitcoin price reached $1,257 at its peak on most major Bitcoin exchanges including
Bitstamp, Kraken and Bitfinex, taking a step closer towards hitting 2017’s year-to-date (YTD) high of $1,290, which was achieved days before the disapproval of the Bitcoin ETF.
Optimistic analysis from leading financial institutions including Bloomberg led investors to believe that the COIN ETF will most likely be
approved, as previously reported by Johntechservice.
The market however, is beginning to become more stable as Bitcoin grows as a technology and a financial network.
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