Bitcoin Slumps As EU Considers It’s Own Digital Currency

Its another step by central banks to meet growing demand for electronic means of payment

Credit: Fox Business


Bitcoin traded lower by 3% early Wednesday morning.

The price was around $31,948 per coin, while rivals Ethereum and Dogecoin were trading around $1,900 and 19 cents per coin, respectively, according to Coindesk.

A digital version of the Euro could get the green light as soon as Wednesday.

It is part of a multi-year project, according to Reuters.

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