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Topic: [2016-07-21]BTC/USD: Bitcoin Follows Commodities Lower (Read 268 times)

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The value of bitcoin declined Wednesday, as the market struggled for direction amid a broad slowdown in commodities.

The BTC/USD was down 1.3% at $665.13 Wednesday afternoon, according to CoinDesk. Despite the decline, the cryptocurrency has stabilized since its highly anticipated halving event earlier this month. Prices are relatively unchanged since July 9, when the mining reward for creating a new block was reduced to 12.5 BTC from 25 BTC.

http://www.economiccalendar.com/2016/07/20/bitcoin-btcusd-follows-commodities-lower/
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