Bitcoin, the leading crypto by market cap, has plunged over 80% from its record high meaning that there is not much possibility for further dive. It is very likely to find a low ranging between $2,000 to $3,000. Bitcoin is currently trading at $4,037, according to coinmarketcap data.
There was nothing like positive news during the ‘crypto winter’ making the majority of the cryptocurrency enthusiasts to be very quiet. Now that the evidence shows that the crypto winter is almost over, investors, enthusiasts, traders, experts and analysts will start making wild predictions of the next bull run, partnership and other relevant speculations within in blockchain and cryptoasset industry. Indeed, the ice is starting to thaw.
Bitcoin (BTC) is accumulating profits after a significant surge in value on Tuesday, March 5. The flagship crypto hit around $3,900 resistance, but the positive impetus bleached during hypothetical standing on the crypto market. Bitcoin is currently trading at around $3,934 (-0.53% 24h and 1.96% 7d) price, with a market cap (MC) of more than $69.169 billion.
With tight margins and stagnant markets across most coins, there is a huge demand to trade leveraged cryptos. Monfex, is a new player on the scene that is making leveraged crypto trading and even investing accessible and simple for its users.
The price of Ethereum soared with high momentum by 15.13% over the weekend recovering from its Friday lows of $146 to Sunday highs of $168.58. At press time, Ethereum is trading at $138.52 (-0.99% 24h), Bitcoin (BTC) trades at $3878.28 (0.17% 24h) and Ripple at $0.314041 (-1.94% 24h).
The flagship cryptocurrency Bitcoin is up 0.39% (24h), and is changing hands at $3849.49 at press time. Ethereum (ETH) and Ripple (XRP) are also still pulling ropes in the market. Bitcoin (BTC) yesterday experienced low volatility, having plunged to as low as $3807.00 and surged high hit $3913.71.
The mystery of the Bitcoin creator’s identity, known as Satoshi Nakamoto, thrills minds of crypto enthusiasts and intelligence services (if they don’t know it already) for close to a dozen years. Last year the interest to the identity of a mysterious genius (or geniuses?) has got new powerful impulses, provoked by a series of unexpected news.
2018 has been a long and challenging journey for most cryptocurrency exchanges and the industry at large. As fabled investor Warren Buffett loves to say “only when the tide goes out do you discover who's been swimming naked.” Every time any exchange is attacked the market is going down together with all crypto assets. Coinidol has collected eight cases of fails among world crypto exchanges in 2018.