Bitcoin Defies Historic Lows With September Rally; Bithumb Plans IPO; Matrixport Acquires Crypto Finance

Bitcoin Defies Historic Lows With September Rally; Bithumb Plans IPO; Matrixport Acquires Crypto Finance

From msn.com

Bitcoin (COIN:BTCUSD) and related stocks, such as Coinbase Global (NASDAQ:COIN) and MicroStrategy (NASDAQ:MSTR), are down on Monday. After reaching a high of $66,566.28 last week, Bitcoin is down 3.3% at the time of writing, sitting at $63,450. The drop was triggered by several factors. Shigeru Ishiba’s selection as Japan’s prime minister, who supports tighter monetary policies, caused global market turbulence, impacting Bitcoin’s price. Rising geopolitical tensions between Israel and Lebanon, along with strikes at U.S. ports, also influenced the pullback from risk assets. Despite the daily drop, Bitcoin is on ... (full story)

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