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Bitcoin is back down on Wednesday but it holds a high of 6700

2018-06-20 03:30 pm | Resource: news | No Views : 64

Bitcoin is back down on Wednesday but it holds a high of 6700 Bitcoin is back to losses in early US trade, amid a collective decline in digital currencies, and the Ethereum is down from a two-week high recorded earlier in the day, with renewed fears in the digital market after the penetration of the world's sixth largest digital platform.

Where in South Korea Bithumb platform announced the suspension of all withdrawals and deposits temporarily after the breach and stole more than 30 million dollars.

Bithumb is one of the largest platforms in South Korea, and the sixth largest platform in the world in terms of volume of digital currency exchanges, the volume of those exchanges about $ 374 million per day.

The platform of theft after the encrypted currency has valued about $ 30 million, has pointed out to cover stolen accounts stolen and transferred all assets to a cool portfolio, confirmed the commitment to compensate customers affected by the hacker and hacker.

In Japan, the Nikkei newspaper reported on Monday that the local council for the regulation of digital currency exchanges (JVCEA) has developed a new document of self-regulation rules in an effort to increase investor protection and improve transparency.

It is worth noting that the German Federal Government announced that Bitcoin does not pose a threat to the current financial structure, as the volume of encryption transactions is very low compared to the size of the global financial system.

 However, the Government believes that digital currencies should be regulated and the encryption industry monitored. Most of the major currencies are trading higher as most of the major currencies recover from their low levels in several months.

Also in the United States, Wells Fargo Bank announced a ban on the use of digital currency using the bank's credit cards, and the decision to the multiple risks associated with the encryption industry

Bitcoin  recorded a decline of 0.25% to trade at $ 6,730, with a daily trade volume of $ 3.91 billion, with a market value of $ 115.67 billion.

On the other hand, Ethereum lost 0.42% to reach $ 526.50, with daily trading volume of $ 1.63 billion, bringing the market value to $ 52.52 billion.

Looking at the Ripple, we find a loss of 1.26% to reach 0.5408, with daily volume reaching $ 264.70 million, bringing the market value of the currency to $ 21.22 billion.

Finally, the BitcoinCash came down by 1.88% to reach levels of 888.28 dollars, amid daily volume of $ 408.22 million, bringing the market value of the digital currency to 15.27 billion dollars.

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