China Is Opting Out of US-Run Financial System

China Is Opting Out of US-Run Financial System

Traders and analysts continue to talk up ether and alternative cryptocurrencies as bitcoin struggles to regain the $64,000 record price level attained weeks ago.

Bitcoin (BTC) trading around $52,964 as of 21:00 UTC (4 p.m. ET). Slipping 3.6% over the previous 24 hours.

Bitcoin's 24-hour range: $52,622-$55,851 (CoinDesk 20)