CryptoWatch: Bitcoin trades higher on 10th birthday, still down 67% from all-time high

Bitcoin was trading mostly unchanged Wednesday, extending what’s been a relatively quiet spell for the world’s largest and oldest cryptocurrency.

A single bitcoin BTCUSD, -0.04% was last going for $6,280.19, unchanged since Tuesday’s level at 5 p.m. Eastern Time on the Kraken crypto exchange. Bitcoin has shed more than 50% year-to-date and is down 67% from its all-time high above $19,780 on Dec. 17, 2017.

Wednesday marks the 10th anniversary of bitcoin and the release of the white paper in which Satoshi Nakamoto, the name given to the unidentified creator of bitcoin, proposed a new peer-to-peer payment system that runs on an anonymous distributed ledger.

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