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Download the Xe App Check our latest money transfer services, and how we became known and more.
Late in , the Federal Reserve announced that it would begin to taper its bond purchases , slowly draining liquidity from financial markets. After months of consolidating from its rise earlier in the year, Bitcoin reached new heights in November As interest rates seemed to be peaking in October , Bitcoin started rising again. Editorial Disclaimer: All investors are advised to conduct their own independent research into investment strategies before making an investment decision.