Bitcoin News

There is a new chairman of the US SEC as of today. His name is Elad Roisman and he is pro crypto. Maybe he will allow a bitcoin ETF to get approved.

In the USA there are new efforts to remove President Trump from office. There are also only 9 days until his term first term is done. This tells me that the Democrats are scared and desperate for an unknown reason. I think all of this political uncertainty will drive investors and companies to bitcoin. I would seriously consider buying this dip at the 31k region. Depending on the outcome of what happens in the next 9 days or so, I think the bitcoin price is poised to explode higher.

Coinmarketcap shows Bitcoins volume at 988 Billion and bitcoins market cap at 889 Billion. I don't know if this is a glitch or it's true.

Now coinmarketcap show bitcoins volume is over 1 trillion! Something is happening.

It might be a problem with Coinmarketcap. I checked now and it says 994 billion volume. So it decreased since your post. Also, CoinGecko shows a 24 hour volume of 76 billion. So not even close to what Coinmarketcap shows.

Google also says the 24 hour trading volume for bitcoin is over 1 Trillion.

That is just a snippet taken right from CoinMarketCap. That isn't Google's information but is the same as if you went to CoinMarketCap directly.

A little information is also the value of cryptocurrency trading is still dominated by BTC by 60.6% of the total of all crypto trades.

Bitcoin prices on Tuesday (8/6) fell to the lowest point in more than the last week, following the prospect of changes in monetary policy of the United States (US) and tightening the regulation of crypto assets in China.

After El Salvador, there are now Paraguay who is weighing making Crypto assets into transaction tools in their country. According to Coindesk, next month, Congress member Paraguay Carlos Rejala plans to submit a bill to attract international mining companies and other crypto businesses.