27 Apr Cryptocurrency News Roundup for April 26, 2020
Last week was particularly intense for the cryptocurrency market with the Bitcoin
BUY NOW price ranging 12% from low to high by the end of Friday.
According to some observers, the sharp spike in price was most likely kicked off by the expiry of CME April Bitcoin futures. Perhaps, the recent consolidation also played a key role in turning the overall investor sentiment to bullish — especially with the forthcoming Bitcoin halving only a couple of weeks away.
Whatever be the cause, the benchmark cryptocurrency surged further during the weekend, like it normally does, and reached a high of around $7,810 in the early hours of Monday.
On a relevant but unrelated note, Twitter CEO Jack Dorsey told the AI Podcast last week that Bitcoin is like poetry to him, further hinting that Twitter is mulling over a feature that would enable users to tip one another in BTC. Meanwhile, in other important news:
Fed’s Money-Printing Not Even Backed by Paper Bills
As you may know,…