Bitcoinist Weekly News Re-Hash: Bitcoin XT Drama Continues, Global Economic Slowdown Looms

Bitcoinist News Re-HashBitcoinist News Re-Hash

This week saw a continuation of the downtrend established last week, falling even further into the $230s — and even briefly into the $220s. Although there has not been a single concrete factor to definitively set the selling in motion, continued Bitcoin XT drama and hints at a global economic slowdown have undoubtedly contributed to speculative fears.

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Daily Bitcoin Price Action

  • Aug 17:$257
  • Aug 18:$256.28
  • Aug 19:$232.08
  • Aug 20:$233
  • Aug 21:$234.87
  • Aug 22:$234.16
  • Aug 23 Open:$232.80
  • Aug 23 Close:$228.40

Total Change: -11.13%

wikileaks-logo-2wikileaks-logo-2Monday, August 17, 2015 marked a quiet start to the week, with the Bitcoin price sitting at $257. The price stayed fairly flat, although there was a slight downward pressure in the market throughout the day. The news for the 17th was rather quiet as well. The most notable report game from Wikileaks, which announced that it would crowdfund 100,000 euros to give as a reward to someone that leaked legitimate information regarding the TTIP — a secretive, multi-national trade agreement.

Read more ... source: Bitcoinist