Bitcoin (BTC) price takes a breather as Facebook hopes to launch Diem and Novi next year

Bitcoin (BTC) price has dipped to trade below $19,000 as Facebook’s top executive says its rebranded cryptocurrency project will be launched next year. Fundamental analysis: Facebook hopes to launch in 2021 David Marcus, the head of Facebook Financial, said that he hopes to have both Diem and Novi launched over the course of the next year. “I hope that we get to participate with … Novi and Diem and the big changes of 2021, pending regulatory approvals where we need to obtain them,” Marcus said at the Singapore FinTech Festival. Facebook made efforts this year to rebrand its much-scrutinized cryptocurrency