Monday, May 20, 2019

Bitcoin Suddenly Roars Back

I think that title is pretty misleading considering bitcoin was at almost $20,000 just 18 months ago.

Bitcoin, up around 10% over the last 24 hour trading period to touch $8,028 per bitcoin on the U.S. Gemini exchange, has bounced back after a sell-off that seemed to have been triggered by a large volume sale on the Luxembourg-based Bitstamp exchange earlier in the week, causing panic selling.