Bitcoin sees muted action, consolidates after drop under key, long-term trend line

A single bitcoin last traded at $ 8,847.25, down 2.5%, since Wednesday levels at 5 p.m. Eastern Time on Kraken. Despite the decline Wednesday, industry participants remain upbeat, with the price of bitcoin still 30% off its April low. “Overall things remain positive,” said Charles Hayter, co-founder of …
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