Bitcoin price is exciting industry and mainstream press sources alike as it moved above the 50-day moving average for the first time since January. What Bitcoin Bulls Were Waiting For? Data from Bloomberg since reproduced by social media commentator Armin van Bitcoin shows BTC/USD hit $11,454 – a 5.8% daily increase taking the rate above the barometer average price. Despite the levels being short-lived, enthusiasm was unusually palpable even for Bloomberg, the publication announcing that Read More The post Bitcoin Price Dips Under $11k Despite 50-Day Moving Average Milestone appeared first on Bitcoinist.com.



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