Bitcoin Price Finds Hard Floor Following 26,000 BTC Sell Order

By October 6, 2014Bitcoin Business

CoinDesk BPI chart showing price decline over the past week After buyers snapped up $7.8m worth of bitcoins that were selling for $300 each on exchange Bitstamp on Monday, bitcoin’s price appears to have found a hard floor in what has been a largely unpredictable trading period recently.

On Sunday, bitcoin’s price dropped through the 18-month average purchase price of $337.60, signalling uncertainty to many traders in the market. Then, in the early hours of […]

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