danielcawrey

Traders Don't Care About Twitter Hack Affecting Bitcoin

Long
COINBASE:BTCUSD   Bitcoin
Wednesday’s Twitter hack didn’t seem to bother traders very much.

“The attack may have harmed bitcoin’s public perception, but the fact that the market has hardly reacted is a positive sign,” said Rich Rosenblum, co-founder of New York-based trading firm GSR. Investors continued to buy in when bitcoin dipped to $9,000. The price headed that low in early Thursday action before traders scooped up more of the world’s oldest cryptocurrency.

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