Optimism fading for BTC/USD? Down -4.0% month to date, Bitcoin (BTC) versus the US dollar (USD) is extending last week’s -7.3% fall.
Optimism fading for BTC/USD? Down -4.0% month to date,Bitcoin versus the US dollar is extending last week’s -7.3% fall. Ripple gets SEC consent for stay of $125 million fine, XRP struggles to recover Ripple dipped to $0.54, erasing 1.81% of its value on the day. The payment remittance firm had submitted a letter requesting a stay on the monetary portion, the $125 million settlement in its recent lawsuit, on August 7. The Securities & Exchange Commission consented to the request.
Bitcoin extends losses below $57,000 as institutions load off BTC holdings and on-chain data signals negative outlook Bitcoin recovered on Wednesday after retesting its daily support level of around $56,000, but the 2.15% decline on Thursday suggests this rebound may be fleeting.
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