Friday 23 August 2019
Bitcoin and gold have been compared many times, but while the precious metal is reportedly set to suffer its worst week in almost five months, the cryptocurrency’s price recovered from a drop earlier this week and is now hovering well above the $10,000 mark. According to CoinMarketCap, Bitcoin started the month of August trading below $10,000; hitting $9,983.08 per coin at 05:44 UTC on August 1. It then recovered, surpassing the $10,000 mark, reaching $10,036.70 later that day. The cryptocurrency reached its highest value so far this month on August 6 at 10:44 UTC, when it climbed to $12,222.69. Bitcoin dropped…
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