Here's why Bitcoin is rebounding

Jul 24 2017 by Business Insider

 

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Bitcoin has recovered somewhat from the drop in value seen last Sunday, with the price of the cryptocurrency reaching $2,701 at the time of this writing.

The stabilization seems to be the result of Bitcoin miners reaching an agreement on the enactment of the Bitcoin Improvement Proposal.

This agreement means the avoidance of a user-activated softfork (UASF),...

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