RATE Group | Fears of regulation keeps bitcoin under pressure
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Fears of regulation keeps bitcoin under pressure

22 May Fears of regulation keeps bitcoin under pressure

Posted at 15:33h in Bitcoin News by

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Digital currencies continue to move lower, with all major coins trading in the red early Tuesday.

Bitcoin, the worlds largest digital currency, continues to struggle for gains above $8,500, as worries over increased regulation kept a the No. 1 digital currency in check.

“The recent selloff has come from the news out of China that the ICO [initial coin offering] market is still very active and there are fears that China will further increase the strict regulation,” said Naeem Aslam, chief market analyst at Think Markets.

A single bitcoin



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