China, Bitcoin… The Economist – Commodity Research Group

October 2, 2017 by Jim Colburn Leave a Comment

Despite a crackdown in bitcoin trading by China, the crypto currency has not totally collapsed… Here is a chart from The Economist:

Here is The Economist:

“China’s crackdown initially sent shock waves through global crypto-markets. The bitcoin price tumbled by 35% from its highs before the ICO ban to its low point, on news of the exchange closures. But it has since rebounded by more than 20%. Many bitcoin fans are keeping the faith.”

Commodity Research Group (CRG), founded by veteran analyst Edward Meir, is an independent research consultancy specializing in base and precious metals, as well energy products. The Group provides research and general price analysis for these markets, along with advice to companies seeking to construct commodity hedging strategies.

Our associates bring decades of experience to the table, as they seek to help our clients understand the markets. CRG will distill the myriad of pricing variables mentioned above into coherent research that is to-the-point and tailored to a clients hedging or pricing needs. In addition, CRG is available for consulting assignments and speaking engagements. CRG does not manage money or trade for itself.

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