Bitcoin has been seeing an excellent price increase once again, after a few days of dips and sideways action. Mainly the Chinese market continues to dominate the trading volume, as they are inching towards 94% of all trades. Interestingly enough, there have been three days with nearly identical trading volume. Chinese Bitcoin Traders Are Hungry Most people are well aware how the Chinese market has been dominating Bitcoin trading for …
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Every time the Bitcoin price starts going up, people will automatically look for a reason as to why this trend is taking place at that given time. However, it has turned out to be very difficult when it comes to identifying the root causes of Bitcoin price swings as of late. Albeit China remains the biggest Bitcoin trading market, they must have some reason to start buying en masse. Moreover, …
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Bitcoin went through a bit of a slump yesterday, as the price briefly crashed by as much as US$30 all of a sudden. Albeit a lot of people assumed this would lead to a further Bitcoin price retrace, the value has been climbing back up ever since. The trading volume remains shighas well, and there is no end in sight. Temporary Bitcoin Price Dip And Drop In Trading Volume There …
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