Bitcoin faces near-term uncertainty despite strong September gains

2024-10-1 01:07

Bitcoin's recent rally faces obstacles with bearish signals in China and low retail participation, despite a 7% gain in September. The post Bitcoin faces near-term uncertainty despite strong September gains appeared first on Crypto Briefing.

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bitcoin september faces despite gains uncertainty near-term

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Trade War Between China and USA Affects GPU Tariffs, Cryptocurrency Mining to be Affected

President Trump’s latest tariffs on Chinese goods could lead to an increase of graphics cards from both AMD and NVIDIA in the following months, reported CNBC on September 27, 2018.   In a competitive mining scene where profit margins are slim, even the slightest increase in costs could mean the difference from being in the black and being in the red.

2018-9-30 18:00