Bitcoin and Ethereum face challenges, Liechtenstein embraces BTC, and Tether reports huge profit

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City AM

By Darren Parkin Data from CryptoCompare shows that the price of the flagship cryptocurrency Bitcoin (BTC) started the week on a downward trend, moving from around $28,000 to a low of roughly $26,500, before it started to recover. BTC is now changing hands at $27,400. Ethereum’s Ether, the second-largest digital currency by market capitalization, moved in a similar way with a downward movement from $1,850 to less than $1,750, before a recovery started to take it to the $1,830 mark. Headlines in the cryptocurrency space this week varied, with some of the most significant surrounding congestion …

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