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Bitcoin struggles to climb back above $9,000
After a week of robust gains in the cryptocurrency market, the No.1 digital asset, bitcoin, has run into resistance as industry headwinds put its recent rally in jeopardy. “Bitcoin seems to be facing difficulties in moving beyond $9,000. The increase in mining complexity and the peak output of new capacities to the market at the end of 2017 have led to miners facing several issues after price correction,” FX Pro said in a morning report Tuesday. The price of a single bitcoin BTCUSD reached an overnight high of $8,973.12 but have since retraced to a session low of $8,370.48, according to CoinDesk....
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