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Aug. 25, 2020

On Tuesday, August 25, bitcoin continues falling down. At press time, the largest cryptocurrency by market cap is trading at $11,569 (-0.89%).

exante.eu/trade

Chart of the USD/BTC trading pair from EXANTE

For its part, Ethereum also slides to $397 (-0.02%). XRP is trading at $0.284 (-0.99%).

Access more than 50 of the world's financial markets directly from your EXANTE account – including NASDAQ, London Stock Exchange and Tokyo Stock Exchange.

FxPro's team of analysts say:

"Bitcoin dominance index froze at around 59%. It appears that investors are postponing their bitcoin decisions in anticipation of new impulses."

The total cryptocurrency market capitalization is $363,5 billion, according to CoinMarketCap.

Earlier, iHodl reported that the developers of the ransomware embezzled Ryuk managed to steal $61 million in bitcoins (EXANTE: Bitcoin) and withdrew over $1 million through the Binance cryptocurrency exchange.

Bitcoin Fails to Stay Above $12,000

According to researches, who asked to remain anonymous, the bad actors laundered over $1 million from various Ryuk-related addresses that had been sent to Binance wallets over the last three years. The last transaction has been recorded in August.

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