Cryptocurrency Q&A
What happened to bitcoin btcusd?
What happened to bitcoin btcusd?
CryptoTamer
Wed Jul 17 2024
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6 answers
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Could you please elaborate on the recent developments surrounding Bitcoin (BTCUSD)? I've noticed significant fluctuations in its price and am curious to understand the underlying causes. Has there been any significant news or events that have triggered these movements? Are there any specific market trends or investor sentiment shifts that you're observing? Additionally, are there any regulatory developments or technological advancements that may be impacting the cryptocurrency's performance? I'm interested in hearing your insights and analysis on the current state of Bitcoin and its potential outlook in the near future.
6 answers
Giovanni
Fri Jul 19 2024
The fall in price was triggered by a recent announcement from the Depository Trust and Clearing Corporation (DTCC).
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Carolina
Fri Jul 19 2024
The price of Bitcoin, BTCUSD, experienced a slight decline early Saturday.
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StormGalaxy
Fri Jul 19 2024
Starting from a level of $63,476 on Friday evening, it dipped to a low of $62,801.
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Stefano
Thu Jul 18 2024
DTCC, a major financial market infrastructure provider, stated that it will not allocate collateral to exchange-traded funds (ETFs) that have exposure to Bitcoin or other cryptocurrencies.
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Margherita
Thu Jul 18 2024
Additionally, the company will not extend loans against such ETFs, effective April 30, 2024.
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