02 Apr Cryptocurrency News Roundup for April 1, 2020 – BeInCrypto
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Bitcoin BUY NOW recorded a respectable 7% increase in the final four hours of April 1, pushing the price all the way up to nearly $6,800. This latest bullish gesture once again didn’t seem to have any correlation with the stock markets, which kicked off with a bearish gap and wrapped the day up in the red.
At the time of publishing, Bitcoin is seeing some pushback from the bears and has been knocked back to $6,600.
Meanwhile, in other important crypto news from the past 24 hours:
Brazilian Exchange XDEX is Shutting Down
Yes, that’s right — XDEX has officially shut its doors. The exchange kicked things off on a high note with an ambitious goal of having 1 million customers in 12 months. However, it all fell apart as XDEX was clearly unable to smoothly navigate the prevailing market conditions.
Besides that, the exchange has also gone on record saying that regulatory uncertainties were also a major hurdle that played a part in the unexpected and premature…
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