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Michael Novogratz, the founder of the cryptocurrency asset management firm Galaxy Digital, believes the market has hit a bottom.
Issuance of tether (USDT), the controversial stablecoin, has had no meaningful impact on the price of bitcoin, a newly published academic study found.
BTC has bounced back into bullish territory over $6,700 amid increased investor interest in altcoins.
XRP is a standout performer today in the cryptocurrency market as its price boasts double-digit percent gains for the second time this week.
Bitcoin's rebound from the five-week low of $6,100 has saved the day for the bulls and kept range-bound trading conditions intact.
Bitcoin's volatility was on full display Wednesday when its price swung in a dramatic fashion.
XRP is reporting double-digit gains today, despite a generally bearish trend across the wider crypto markets.
Bitcoin's drop to $6,200 on Monday has increased the odds of a move toward key support below $6,000.
The world's second-largest cryptocurrency, ether (ETH), erased half of last week's rally today amid a broader market sell-off.
Caspian, a project aimed at giving crypto traders better tools, has attracted $16 million in funding from top industry investors.
Bitcoin's corrective rally seems to have stalled around $6,550, making it a key level to beat for the bulls.
The prospect of Tezos' official launch Monday has revved up investor interest in the project's XTZ token, pushing prices up 30% in a week.