RATE Group | Bitcoin price LIVE: BTC returns to negative returns after a strong day of gains | City &…
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Bitcoin price LIVE: BTC returns to negative returns after a strong day of gains | City &…

16 Aug Bitcoin price LIVE: BTC returns to negative returns after a strong day of gains | City &…

Posted at 09:21h in Bitcoin News by

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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. 

Despite strong performances yesterday, bitcoin slipped back into making a loss as an uncertain market attempted to float the price. 

Bitcoin fell 0.51 percent to trade at $6,322.46, having lost $200 on the day.

Ethereum is slightly up by 0.22 percent to trade for $284.43.

Ripple lost 0.81 percent to trade for $0.283647.

Litecoin lost 0.94 percent to trade for $54.99.

Traders are still uncertain on how the Securities and Exchange Commission will ultimately decide on the proposed Exchange-Traded Fund (ETF). 

The longer the debate drags on for, the lower bitcoin prices are expected to slide. 

9.15am UPDATE: Bitcoin still finding its feet

Kevin Murcko, CEO of crypto exchange CoinMetro believes cryptocurrencies are still trying to find their true value.

Mr Murcko said: “The market is experiencing a readjustment as it tries to find the…

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