Did Libra announcement impact the price of BTC?

Written by caternoon | Published 2019/07/08
Tech Story Tags: cryptocurrency | bitcoin | bitcoin-price-surge | facebook | facebook-libra | libra | libra-bitcoin | bitcoin-libra

TLDR Last week, the price of BTC rose extensively, jumping to almost 13k. It was perfect timing for the organizers of the BTC2019 conference in San Francisco. Most of the people thought whales playing around and the libra announcement were behind this rise in price. We ran a poll to ask our community what is the reason behind the increase in price of Bitcoin. Here is what we found out from our community. We are happy to let you know what the real reason for the price rise in BTC.via the TL;DR App


Last week, the price of BTC rose extensively, jumping to almost 13k. It was perfect timing for the organizers of the BTC2019 conference in San Francisco. 
As usual when there is a big movement in price, we all wonder what is the reason behind. 
We ran a poll to ask our community! Here is what we found out! 
Most of the people thought whales playing around and the libra announcement were behind this rise in price. 






Published by HackerNoon on 2019/07/08