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Bitcoin & Iota: BTC cracking $ 11,000 – Bitcoin & Blockchain

Bitcoin & Iota: BTC exceeds $ 11,000

( – 18:00 clock) – Cryptocurrency Bitcoin has exceeded the mark of 11,000 marks this weekend. On the Bitstamp trading platform, the price reached $ 11,000, the highest level in two weeks. On a weekly basis, the digital currency gains 12.31%. It seems that the US Federal Reserve and Donald Trump have helped the crypto markets get out of their summer hole. Since the fall in interest rates by the Fed, crypto-currencies have become more attractive than unitary certificates. In the context of a growing trade dispute between the United States and China, investors are protecting themselves against risks and directing supposed safe havens such as bitcoin or gold. The US president announced Thursday night new punitive tariffs on imports from China.

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Bitcoin & Iota: BTC cracking $ 11,000 - Bitcoin & Blockchain 2


Timo Emden has a degree in Business Administration, B.A. and a Market Analyst. For more than 12 years, he has been dedicated to global financial markets, particularly cryptographic assets. In the past, he has worked as a market analyst for renowned brokers FXCM and IG, as well as for the German boss of DailyFX. His appreciations are based on the mapping technique and the feeling – he nevertheless considers important fundamental events as significant. As a market expert, Mr. Emden is a privileged interlocutor for television, press and radio.