Bitcoin flat, but will September bring improved fortunes?

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City AM

By Darren Parkin The price of Bitcoin is down slightly this morning, again dipping below $20k. The largest cryptocurrency by market capitalisation is changing hands for $19,887 – a drop of 1.62 per cent since this time yesterday. The latest fall means the price of Bitcoin has dipped more than 13 per cent in August and nearly 20 per cent since a rally two weeks ago, when lower-than-expected inflation figures in the US raised hopes significant interest rate rises might be curtailed. Hopes that have since been dashed, at least for now. Will September see an improvement? Other major cryptocurrenci…

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