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Crypto News Roundup for Feb. 13, 2020
With bitcoin bouncing off $10,500, Markets Daily is back with another time-saving crypto update.
Door Adam B. Levine
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Today's news:
$400 Drop: Bitcoin Faces Correction After Rejection at Price Hurdle
Could a Digital Dollar Compete on Privacy? Fed Chairman Powell Hints It Might
Ohio Resident Charged With Laundering $311M in Bitcoin for AlphaBay
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Top Soccer Club FC Barcelona Launching Crypto Token for Fan Engagement
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Bitcoin Jumps to $99K as Spiking Coinbase Premium Points to Strong U.S. Buying
Spot BTC prices were at times $300 pricier on Coinbase relative to Binance, suggesting the rally may be driven by heavy demand from American investors.
What to know:
- Bitcoin surged towards $100,000 on Wednesday's U.S. trading session, gaining 3.2% in the past 24 hours.
- The rally coincided with significant spot BTC price premium on Coinbase.
- Fed Chair Jerome Powell called bitcoin a competitor to gold during a panel discussion.
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