Bitcoin struggles for gains as range tightens – MarketWatch

Digital currencies continue to move lower, with all major coins trading in the red early Tuesday.
Bitcoin, the worlds largest digital currency, continues to struggle for gains above $8,500, as worries over increased regulation kept a the No. 1 digital currency in check.
“The recent selloff has come from the news out of China that the ICO [initial coin offering] market is still very active and there are fears that China will further increase the strict regulation,” said Naeem Aslam, chief market …

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