Published: 31 Aug 2019 › Updated: 31 Aug 2019
Will Libra Take Bitcoin Down?
Bitcoin (BTC) was already trading above $9,000 when Facebook formally unveiled its Libra cryptocurrency protocol. Despite many commentators arguing the current bitcoin price spike is due to the social media giant, a glance at data puts bitcoin’s momentum far ahead of Libra. Facebook revealed a website for its cryptocurrency scheme on June 18, when BTC/USD was hovering around $9,200.
https://blog.kucoin.com/what-is-the-goal-of-facebooks-libra-coin-sk-st
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