Bitcoin rises above $10,000 for first time since early June

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After several weeks of trading in narrow ranges, bitcoin breached $10,000 on Sunday for the first time since early June.

In addition to suffering pricing blows due to the economic fallout from the coronavirus outbreak, the virtual currency went through its third so-called halving on May 11, which cut the rewards given to those who “mine” bitcoin to 6.25 new coins from 12.5.

The “halving” has affected the supply side of bitcoin and increased the time needed for miners to find their break-even point.Reporting by Melissa Fares in New York; Editing by Lisa Shumaker

 

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Good luck spending it during a natural disaster! Also, how many bitcoin heists have completely cleaned out people who have it? I've lost count.

Are the coins gold or just brass

Bitcoin simply moves losses around the population forever & if you can’t get rid of your bitcoin, you end up keeping that loss yourself

. Reuters is a fan of Bitcoin

FFS ..... the retail fools will be buying again. Lord save us from ourselves

Did you know criminals likes to be paid into their Bitcoin accounts .Bitcoin is banned in some countries.

Annnnnnd right back to where it belongs.

norimbaa mira

It's going to hit over$20k soon

..like flogging a dead horse

Buy MARA

💥💥💥💥💥💥 Follow this Broadcast! How beautiful

It’s time to talk about the elephant in the room

Bit too early isn’t it

FOMO will follow!

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