RATE Group | Bitcoin’s Identity Crisis; Dark Web Déjà Vu
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Bitcoin’s Identity Crisis; Dark Web Déjà Vu

22 Mar Bitcoin’s Identity Crisis; Dark Web Déjà Vu

Posted at 22:19h in Bitcoin News by

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CRYPTO MARKETS

Bitcoin rebounded close to 20% in a 24-hour period Thursday, recovering much of the value it lost during last week’s crash, as stocks continued to sputter. Other major cryptocurrencies like ether, XRP, litecoin and bitcoin cash were all up more than 15% as well, but analysts have warned that it might just be a “dead cat bounce” that will soon fall again.

DISASTER DEBRIEF

Investors spent the early part of the week trying to make sense of last week’s sudden fall that briefly saw bitcoin’s price drop to less than $4,000. On the Seychelles-based BitMEX exchange, bitcoin fell to $3,600, more than $300 below its price on other exchanges, before it was closed for maintenance. BitMEX receives a lot of…

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