Will Libra Take Bitcoin Down?

in #bitcoin • 5 years ago

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.

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https://blog.kucoin.com/what-is-the-goal-of-facebooks-libra-coin-sk-st

#libra #facebook #cryptocurrency #stablecoin
5 years ago in #bitcoin by
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