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Bitcoinâs price is gathering upward momentum as traders buy fewer put options, which are bearish bets on the top.
Bitcoin has seen quite the volatile past seven days. The cryptocurrency broke out on June 1st past $10,000, rallying as high.
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The New York State Department of Financial Services and its French regulatory counterpart will work to "ease the entry" for.
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Historical data shows that another decline in mining difficulty could be bad news for Bitcoin price, by as much as 10%.
With historical data suggesting an intermittent correlation, bitcoin traders may do well to keep an eye on the ongoing slide.