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Bitcoin, Ethereum prices bump after ‘green mining,’ Goldman Sachs push

Posted on May 28, 2021 by admin


Bitcoin, Ethereum prices bump after ‘green mining,’ Goldman Sachs push

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Edge › Bitcoin · Ethereum › Analysis

Two of the biggest cryptocurrencies saw a price surge after various fundamental developments.

Rohan Jethi · May 27, 2021 at 2:00 am UTC · 2 min read

Bitcoin, Ethereum prices bump after ‘green mining,’ Goldman Sachs push

Bitcoin prices rose in the past two days (after a 40% plunge last week) as North American miners formed a ‘Council’ to consider green alternatives for mining in a brief meeting with Tesla CEO Elon Musk.

Some traders even raised a concern over the influence Elon Musk has on the cryptocurrency market as the news had an immediate impact on the bitcoin price and it jumped by 12% after the news was released.

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