The benchmark cryptocurrency slightly weakened on Saturday, as the transaction backlog was piling up and technical liquidity issues were emerging parallel to the disputes within the bitcoin project's community over its fate. Furthermore, China's authorities have reportedly started implementing a draft rule at the domestic exchanges that would obligate traders in the sector to get their identity verified.
The bitcoin was 0.65% below the flat line at $1,066.99 at OKCoin at 3:56 am CET, after touching the session low of $1061.1. The value was looking to reach the weakest point since February 20. At the same time at BTC China, the exchange rate declined 1.42% to 7,279.99 or just ten yuan above than the lowest level of the day, unseen since February 22. At 3:44 am CET, one coin bought €978.402 at Kraken, losing 1.3% in the session after dipping to €976.
[ 3/18/17 ] 11.03.00
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