At press time, bitcoin is trading for approximately $9,130 following a long week of volatility exploits and price drops. The cryptocurrency has been experiencing massive swings between the $8,900 and $9,500 range, and it’s unclear if or when bitcoin will decide to settle before another respective run. Just over a week ago, bitcoin was trading for approximately $11,200, though drops have likely occurred thanks to ongoing regulatory tactics. Currently, China’s IT Ministry is set to implement “official” blockchain standards. While the country has shown it’s not for a solid ban on cryptocurrencies altogether, it has taken stances against unregulated orPowered by WPeMatico
