One trader said recent declines are likely related to miners' asset sell-offs and fears of tighter regulation of cryptocurrencies.

Keith Ammon, New Hampshire State Representative for New Boston, Mont Vernon, Lyndeborough and Vice Chair of Commerce and Consumer Affairs, opened a

Wednesday's U.S. CPI data is expected to show the cost of living likely increased 3.4% over the year in April, a moderation from March's 3.5%.

The announcement comes at a time when Japan's fiscal crisis is said to be playing out in the currency market.

David Bailey, CEO of Bitcoin Magazine, has publicly announced his collaboration with Donald Trump’s campaign to forge a crypto-friendly agenda, pot