QCP Capital: Mt. Gox Payment Keeps Bitcoin Price Low
The price of Bitcoin is expected to remain relatively calm, according to the latest update from QCP Capital. The Singapore-based crypto-asset trading firm highlights that the U.S. stock market soared to new highs after Federal Reserve Chairman Jerome Powell said the U.S. is on a deflationary track. Despite the bullish momentum in the stock market, Bitcoin and Ether have not shown any signs of respite, with their prices hovering around $57,000 and $3,000 respectively.
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