Bitcoin tumbles below $8,000 for the first time
BITCOIN EXCHANGE RATE USD dropped below 8,000 per token in early Monday, reaching a level that has not been seen since June.
The world's largest traded cryptocurrency was down by $ 73131.92 before adding its losses and rising above the $ 8,000 threshold.GAIN BITCOIN LOGIN has dropped nearly 31 percent from its annual high of $ 12,921 at the end of June. The asset has been recovered from the beginning of 2019, as the recession has recently taken advantage of crypto currencies.
Some investors have used tokens as a hedge against more common investors, since the token is not so much linked to geopolitical tensions as stocks or bonds. The token increased to more than $ 12,000 after China allowed its currency to drop below a psychological level in early August, indicating a lengthy trade dispute between it and the United States.
The world's largest traded cryptocurrency was down by $ 73131.92 before adding its losses and rising above the $ 8,000 threshold.GAIN BITCOIN LOGIN has dropped nearly 31 percent from its annual high of $ 12,921 at the end of June. The asset has been recovered from the beginning of 2019, as the recession has recently taken advantage of crypto currencies.
Some investors have used tokens as a hedge against more common investors, since the token is not so much linked to geopolitical tensions as stocks or bonds. The token increased to more than $ 12,000 after China allowed its currency to drop below a psychological level in early August, indicating a lengthy trade dispute between it and the United States.
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