The battle was decisive as opposed to cryptocurrency.
On November 8, Bitcoin fell under $9000 price line on the high trading volumes. According to Skew, on Friday, the positions on $109.1 million were liquidated on the BitMEX exchange. The number of monthly futures traded on Bakkt was updated in 1741.
Meanwhile, David Hinrikus, the CEO of payment system TransferWise, made a loud statement that “we can talk about the death of bitcoin: it is not in demand, and no one uses it.”
The FxPro Analyst Team