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VIEW EVENT INFORMATION: Bitcoin |
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About the organization Bitcoin: Type: Business Sub-Types: Website, Money Transferring Agent, Computer Software, Digital Currency, Cryptocurrency |
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Notable Organizations: Bitcoin, Techcrunch |
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2015 has not been kind to bitcoin thus far. The cryptocurrency, which has endured a stiff price decline since its late-2013 heights, is back below the $300 mark. Bitcoin’s total transaction volume, as measured by Blockchain.info, has also slipped in recent days.
Theories abound about why its price has slumped, but there seems to be a lack of consensus in bitcoin’s enthusiast community as to what is going on. Certainly, the decline in trading volume — which also shows up in Coinbase data — could indicate a fall in short-term, buy-side interest in bitcoin, though why that would occur at the start of a new annum isn’t immediately clear. |
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