RATE Group | Bitcoin price hovers near $10,000, once again; here’s why
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Bitcoin price hovers near $10,000, once again; here’s why

30 Oct Bitcoin price hovers near $10,000, once again; here’s why

Posted at 11:12h in Bitcoin News by

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Bitcoin price hovers near $10,000, once again; here's why


Representational Image&nbsp | &nbspPhoto Credit:&nbspThinkstock


Key Highlights

  • Bitcoin made a high at $12,575.9 on July 10, 2019, on Coindesk

  • Chinese President Xi Jinping has recently emphasised on research and development around blockchain, the underlying technology behind bitcoin

New Delhi: Bitcoin has been trading near the $10,000 per unit levels once again after the world’s most-popular cryptocurrency rallied more than 25 per cent in the week. The sharp surge in bitcoin prices was witnessed after the Chinese government expressed their positive intention behind the blockchain technology. Bitcoin, ripple, ethereum, litecoin and all other cryptocurrencies are built on the blockchain technology.

Chinese President Xi Jinping has recently emphasised on research and development around blockchain, the underlying technology behind bitcoin….

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