15 Aug Bitcoin price LIVE: BTC rallies as the market turns green – is this the recovery? | City…
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DAILY HEADLINES
Good morning and welcome to our rolling coverage of all things cryptocurrency, including price, regulation, innovation and financial crime.
The day opens with some small positive news for traders, as a flood of green washes through the cryptocurrency market.
In the last few hours, bitcoin has jumped up more than $300, increasing by 5.23 percent to trade for $6,337.30.
Ethereum gained 5.56 percent to sell for $282.41, while Ripple jumped 8.32 percent to trade for $0284057.
Litecoin rose by 6.11 percent to trade for $55.18.
Crypto prices have stagnated in recent days as traders wait for the Securities and Exchange Commission to decide if they will approve a proposed bitcoin Exchange-Traded Fund (ETF).
How will the market react to the recent rise in price?
11.52am UPDATE: MOre than 18,000 bitcoin transferred to a BitMEX-linked wallet
Approximately 18,000 Bitcoins (BTC) were recently transferred to a wallet believed to be linked to BitMEX, a large cryptocurrency derivatives…
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