Bitcoin price falls again as well as other cryptocurrencies have been hit, too. Among them were ripple and cardano, which slid 25 percent and 19 percent respectively on the previous day.
Author: WTX Business Team
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Bitcoin is being traded at double its value in Zimbabwe following the coup earlier today.
Bitcoin surged on Monday, recovering more than $1,000 after losing almost a third of its value in less than four days as traders bought back into the volatile cryptocurrency. Bitcoin tumbled in the second half of last week, falling as low as $5,555 on the Luxembourg-based Bitstamp exchange on Sunday, a slide of almost 30 percent from a record high just shy of $7,900 on Wednesday. It rebounded on Monday, trading up more than 14 percent on the day at $6,718, though that was still more than $1,000 less than last week’s record high. the fall had been driven by…
President Xi Jinping sent a strong message of pursuing open global economies, supporting free trade and building a multilateral trade system in a highly anticipated speech delivered at the APEC CEO Summit in Vietnam on Friday. He called economic globalisation an irreversible historical trend, telling the business leaders from the Asia-Pacific region who had gathered in coastal Da Nang, “In pursuing economic globalisation, we should make it more open, more inclusive, more balanced, more equitable and more beneficial to all.” He said the answer is clear to the question of whether to work together for regional cooperation or to be…
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