30 May Bitcoin Today: Prices Stick Close to Flat as Trading Volume Remains Subdued
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Bitcoin bulls didn’t get the rally they had hoped for Wednesday. Prices of the top cryptocurrency by market value remained close to flat at about $7,400 throughout most of the day. Trading volume has been subdued for most of this month, not topping $7 billion since May 14.
Here are the cryptocurrency headlines you can’t miss for Wednesday, May 30.
‘Bitcoin Candidate’ Under Fire
Brian Forde has recently made headlines for more than just his bid to win a congressional seat in Southern California in the upcoming midterm elections. The former Obama administration aide has reportedly raked in nearly $400,000 through virtual currencies including bitcoin, according to FEC records brought to light by Politico. That large chunk includes more than $10,000 from Forde’s own crypto holdings. As news of Forde’s open embrace of cryptocurrency spreads, his opponent, fellow Democrat Dave Min, has painted Forde as a candidate tethered to a nascent…
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