Bitcoin Price Resurgence Is a 'Self-Fulfilling Prophecy': Analyst

2019-8-6 22:56

When the bitcoin price smashed through $11,000 overnight and set its sights firmly on the $12,000 mark, analysts almost uniformly pointed to China’s stunning decision to defy the Trump administration and devalue the yuan as the catalyst.

However, cryptocurrency bulls who proclaimed that bitcoin had demonstrably proven its worth as a safe-haven asset might have […]

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