Bitcoin (BTC) is now up 5.89 percent in the 24-hour period, trading around $6,688 at press time. The leading cryptocurrency began to see a reversal of its downtrend late afternoon today, recovering from its intraday low of $6356.
As of press time, Coinmarketcap data indicates rising BTC trading volumes of $5.1 bln over the 24-hour period, up from their weekly low of $3.8 bln.
To better enjoy the rally, Bitcoin’s supporters can now count among them the former Chief Strategist for the Trump administration, Steve Bannon, who, as Cointelegraph reported today, reportedly holds a “good stake” in Bitcoin.
The controversial figure has even raised the idea of launching his own cryptocurrency, dubbed the “deplorables coin” in an homage to Hillary Clinton’s reference to Trump supporters as a “basket of deplorables.”
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