TELETRADER News
7/17/2017, 8:46 AM
(Source: TeleTrader)
Bitcoin returns fraction of losses to top $2,000
After a massive correction took out nearly a quarter of its value in the past five days, on Monday the bitcoin traded in the green, pulling back above the widely watched $2,000 mark. Investors are cautious and on the lookout for cues about two rival updates in the system, as a lack of consensus may split the chain into two at the end of the month.
The Japanese yen accounted for more than 40% in volume, while flows in dollars covered just above one third. The cryptocurrency was 4.47% higher at $2.011. The bitcoin bought €1,759.25, a rise of 5.3%, and grew 3.83% to 13,969 Chinese yuan.