Within Minutes, Bitcoin Spikes 4% as Bitfinex Raises Staggering $1 Billion


At last, you can close CoinMarketCap, take a break from Crypto Twitter, and get off TradingView — Bitcoin (BTC) has finally downed a chill pill, albeit begrudgingly. Since peaking at $7,550 on Saturday, the cryptocurrency has fallen to $7,000 and has set up shop there for the time being.. @bitfinex is able to raise 1b USDt in 10 days, in a private sale. Private companies, giants in our industry and outside, made investments for > 100m each. A legion of inside and outside users made investments for > 1m each.— Paolo Ardoino (@paoloardoino) May 13, 2019But, as Bitfinex CTO Paolo Ardoino announced the successful $1 billion fundraising of Bitfinex, the bitcoin price spiked from $7,000 to $7,300 within minutes by more than 4 percent.Related Reading: Bitcoin Volume on BitMEX Skyrockets to Staggering $10 Billion as BTC Hits 2019 HighBitcoin Surge Puts Bears On The Back FootNot one week ago, Bitcoin…

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