August 04 Bitcoin & Iota: BTC exceeds $ 11,000
in the news of the crypto market
(Emden-Research.com – 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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