Bitcoin Price Leaps to $6,900 as BitMEX Shuts Down for Maintenance

(BTC) jumped 4% overnight, reaching a two-week high, the first positive change for the crypto coin after it lost nearly 30% of its value at the start of August. According to data from coinmarketcap.com, BTC was sitting at $6,400 before it rose to $6,900. This marked the first time Bitcoin traded above $6,700 since August 7.

Ethereum’s digital token (ETH) was up 1.5%, while (XRP) rose 2% and was selling at 34 cents. Last week the price of Bitcoin, ETH, and XRP fell rapidly after SEC announced it would postpone its decision on a proposed bitcoin ETF (exchange-traded fund).

The reason for the spike …

This article appeared first on Cryptovest

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