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Bitcoin [BTC] and other cryptocurrencies react strongly to regulatory news events, says BIS report


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Examinations conducted on “dark coins” such as Monero [XMR] and Zcash [ZEC], revealed that Monero reacts more strongly than Bitcoin does, whereas Zcash reacts less. Speaking about XRP, it stated:

“The XRP token also react less, which may reflect that its network of trusted nodes is centrally controlled by its issuer Ripple, making the XRP token distinct from other, permissionless, cryptocurrencies.”




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