Home / Business / Facebook, Binance and the Chinese Yuan Join to Increase Bitcoin Above 9,000 USD

Facebook, Binance and the Chinese Yuan Join to Increase Bitcoin Above 9,000 USD



<p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "By NCC Markets: The bitcoin price& nbsp; (BTC) Sunday has exceeded $ 9,300 to establish a new cumulative high since the beginning of the year. "data-reactid =" 31 "> By CCN Markets: the price of bitcoin (BTC) Sunday has exceeded $ 9,300 to establish a new since the beginning of the year.

The bitcoin-dollar exchange rate reached $ 9,388 at 0600 UTC – its highest level since May 30 – with the Coinbase cryptocurrency exchange based in San Francisco. This decision has allowed the net rebound gains of the pair to reach nearly 200%, of which 154% since 2019 opened alone. It also pushed Bitcoin's market capitalization to exceed $ 165 billion. At its highest level, the net worth of cryptocurrency was over $ 327 billion.

Bitcoin price has risen by 7% in the last 24 hours | Source: TradingView.com, Coinbase

The steady upward trend in the bitcoin market coincided with significant volume growth. According to CoinMarketCap's 24-hour adjusted schedule, trading accounted for approximately $ 23.156 billion of trading activity activated by BTC. Meanwhile, the major cryptocurrency trading platforms known to offer "real" transactional data have recorded a BTC volume of about $ 1.5 billion.

At the same time, the rate of domination of bitcoin reached its highest level in one month of 57.7%, up 2.7% from Friday.

Binance US Closure, Facebook

Mb (0) – sm Mt (0.8em) – sm "type =" text "content =" The inexplicable resumption of bitcoin prices has prompted analysts to many believe that Binance's decision, the world's largest cryptocurrency exchange, to stop providing services to US-based merchants This is what is driving the rise of Bitcoin prices. Binance Coin, or BNB, the stock market's native asset, has now depreciated by more than 6.5% compared to BTC, bringing its losses to 22% since June 13th. "Data-reactid =" 49 "> The inexplicable recovery of the price of bitcoin has Analysts have prompted analysts to look for potential factors, saying Binance's decision, the world's largest cryptocurrency exchange, to stop providing services to US-based traders is causing soaring bitcoin prices.Coin, or BNB, is now depreciated by more than 6.5% compared at BTC, bringing its losses to 22% since June 13th.

<p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "Read the full story on CCN.com. "data-reactid =" 50 "> Read the full story on CCN.com.


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