Bitcoin Price Analysis: Selling volume picks up as Fed's Mester says “the Fed is studying digital currency but no plans to go that way”


  • Bitcoin trades just over 2% lower on the session as weak sentiment continues.
  • Fed's Mester says that "the Fed is studying digital currency but no plans to go that way".

Fed's Mester also stated Facebook's Libra has "know your customer" issues.

As these comments hit the wires the price of BTC/USD fell 0.91%.

Bitcoin 4-Hour Chart

Bitcoin Analysis


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