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CryptoWatch: Bitcoin struggles to climb back above $9,000 [MarketWatch]

CME GROUP (CME)  More Company Research Source: MarketWatch
Last cme group earnings: 4/26 07:00 am Check Earnings Report
US:NASDAQ Investor Relations: investor.cmegroup.com
PDF Bitcoin struggles to climb back above $9,000 After a week of robust gains in the cryptocurrency market, the No.1 digital asset, bitcoin, has run into resistance as industry headwinds put its recent rally in jeopardy. “Bitcoin seems to be facing difficulties in moving beyond $9,000. The increase in mining complexity and the peak output of new capacities to the market at the end of 2017 have led to miners facing several issues after price correction,” FX Pro said in a morning report Tuesday. The price of a single bitcoin BTCUSD, -0.26% reached an overnight high of $8,973.12 before slipping back, finishing the New York session down 2.3% at $8,685.65, according to CoinDesk. Elsewhere, Ether, which runs on the Ethereum network, fell 2.3% to $853.45, bitcoin cash was last traded at $1,249.72—down 3.5%, Litecoin slipped 1.8% to $160.24 and Ripple is down 4.9% at $1.04. Regulatory issues are back in the spotlight after news that seven of the largest cryptocurrency companies have come toget [Read more]

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