Bitcoin Falls Out Of Its Trading Range
After doing large amounts of nothing for months, the price of bitcoin has found a new direction at last: Down. The recent narrative around bitcoin has been roughly zilch, as the cryptocurrency picked up a few new large vendors’ support , but otherwise settled into something approaching a summer malaise. The price of bitcoin, which is correlated to media and public interest , has bounced between around the high$500s and the low $600s for some time.
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