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Bullish BITCOIN Statements From SEC Jay Clayton & Deutsche Bank Says Investors Want Bitcoin

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Plan B tweeted that Bitcoin could closed November at $20,000. SEC Chairman Jay Clayton said on CNBC Squawk Box that "We determined that bitcoin was not a security, it was much more a payment mechanism and stored value," and "Our current payment mechanisms--have inefficiencies those inefficiencies are the things that are driving the rise of Bitcoin." Bitcoin’s appeal as an alternative store of value asset is strengthening, according to analysts at Germany-based investment bank Deutsche Bank.

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