The bitcoin price bounded to a new 2019 high on Wednesday, sneaking within inches of the $5,500 mark midway through the afternoon US trading session. Bitcoin Price Flirts with $5,500 The flagship cryptocurrency held above $5,200 throughout the morning, but it began to climb heading into the afternoon. At 18:30 UTC, a surge in buy orders propelled the bitcoin price as high as $5,462 on Bitstamp. At last check, it traded at $5,408 for a 24-hour gain of 3.37 percent. The upside push came despite another round of FUD from China. This time, reports indicated that Beijing could move to

The post Newsflash: Bitcoin Price Spikes Within Inches of $5,500 Despite China FUD appeared first on CCN


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