RATE Group | Bitcoin price LIVE: BTC price boost in August despite cryptocurrency ETF debate | City &…
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Bitcoin price LIVE: BTC price boost in August despite cryptocurrency ETF debate | City &…

Bitcoin price LIVE: BTC price boost in August despite cryptocurrency ETF debate | City &…

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11am MORNING HEADLINES

Good morning, and welcome to our rolling coverage of all things cryptocurrency, including price, regulation, innovation and financial crime.

Bitcoin starts the day in the red, with prices hanging around $7,837.76, losing 3.71 percent on the day. 

Ethereum has also lost slightly, dropping 5.57 percent to trade at $435.10, while Ripple falls 3.5 percent on the day to trade for $0.432959.

The rest of the market is seeing small drops in price as momentum slows to a crawl despite the rising confidence

Earlier this month, price comparison site Finder.com, revealed its July Cryptocurrency Predictions Survey, which suggested a steady increase in crypto prices throughout the end of July. 

Finder.com predicted bitcoin (BTC) would hit US$7,247 by 1 August 2018, an 18 percent price rise, which has now been blown out of the water by the current BTC price.

14.25pm UPDATE: Goldman Sachs warns of further bitcoin decline

After beginning to recover from a…

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