Bitcoin Near Two-Week Highs, Fueled By Hopes For Facebook’s Libra

www.oann.com | 7/9/2019 | Staff
HelloimMe (Posted by) Level 3
LONDON (Reuters) – Bitcoin held on Tuesday near its highest for two weeks after surging as much as 9% overnight, a move analysts said was probably driven by hopes that cryptocurrencies are gaining wider acceptance after Facebook disclosed plans for a digital coin.

Bitcoin touched $12,833 overnight on the Bitstamp exchange , its highest since June 27, before pulling back. It was last up 2.2% at $12,560.

Cryptocurrency - % - Facebook - Plans - Month

The biggest cryptocurrency has gained over 45% since Facebook laid out plans last month for its Libra coin, sparking renewed optimism that cryptocurrencies will gain mainstream acceptance among companies...
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