Tuesday, 14 August 2018

Tom Lee is one of the most visible analysts following Bitcoin and digital currencies. As Co-founder and Head of Research at Fundstrat Global Advisors, he has compiled an extensive amount of data on them.

It what might be a good sign for beleaguered Bitcoin, which has suffered a series of jolts in 2018, the average price of transactions on the Bitcoin blockchain fell to just over a dollar – or 0.014 of a Bitcoin. The confirmations, moreover, are now taking less than 10 minutes.

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