Bitcoin Price Loses $10.5K Support as US-China Trade War Tensions Cool

Posted by William Suberg

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Bitcoin (BTC) price was feeling the pressure Aug. 14 after a fresh downturn saw the largest cryptocurrency settle below $10,500.

The latest in what has become a recognized pattern in recent months, Bitcoin reversed its previous successes from the weekend, when geopolitical uncertainty and fiat currency weakness in several jurisdictions pushed markets above $12,000.

In particular, it was Hong Kong and Argentina fuelling the theory, which Bitcoin critics such as….CLICK for complete article