Bitcoin News
By Maheen Hernandez
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Bulls are trying to re-establish their control over the market, trying to recover from their weekend losses.
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The market cap of Bitcoin is currently at $169 billion. The bulls took the price away from the intraday low at $10,610 to the resistance point at $11,000.
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Ethereum has a current market capitalization of $31.70 billion. It was an aggressive sell-off with a loss of more than 7% on an everyday basis.
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It was a functional recovery for XRP Ripple, and it was one of the best performing tokens on Monday. It has a market capitalization of $17.
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Litecoin recovered from the low at $120.89 and was trading at $124.30. It has a market capitalization of $7.
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There is an overall optimism in the adoption of Bitcoin. This optimism is sustained despite Bitcoin slumping and undoing the epic rally of the year.
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When it comes to cryptocurrency apps, customers are not interested in downloading them on to their app.
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Meanwhile, in the broader efforts to deal with money laundering, the Dutch ministers required that cryptocurrencies should be regulated to deal with money laundering in the…
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