Crypto Tidbits: “Unstoppable Force” Bitcoin Back at $10,000, Libra in Congress

Another week, another round of Crypto Tidbits. As is seemingly the norm, Bitcoin saw a tumultuous week, trading from everywhere from $9,100 to around $11,000. Per the time of writing this article, the dust has somewhat settled, with BTC around the $10,500 region for at least the past 18 hours.

Cryptocurrency prices are lower than they were earlier this month or in late-June. But this week saw its fair share of positive news — and negative news of course.

On one side, a Congressman lauded Bitcoin as an “unstoppable force”; on the other, the U.S. Treasury Secretary echoed Donald Trump’s concerns, noting that cryptocurrencies are mostly used for illicit acts, like money laundering and the sale of illegal narcotics, in an emergency press conference.

Related Reading: Crypto Tidbits: Donald Trump Jabs Bitcoin, Bitpoint Hacked for XRP, Litecoin Bags Partnership

Bitcoin & Crypto Tidbits

Related Reading: Cryptocurrency is Part of the Global Currency War, Says Federal Reserve Branch Head
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