Bitcoin Price Vulnerable Despite 2019 High, Traders Predict Plummet to $4,200

2019-5-7 13:45

By CCN. com: In the past 24 hours, the bitcoin price spiked by nearly five percent from $5,580 to $5,880, surpassing $5,900 at the day’s peak, fueling the cryptocurrency market. The abrupt increase in the bitcoin price was supported by a noticeable increase in daily bitcoin spot volume estimated to be around $570 million as of May 7 by OnChainFX.

In comparison, the daily bitcoin spot volume in early March was $270 million. Although industry executives and prominent researchers in the likes of Ethereum co-creator Joseph Lubin and cryptocurrency analyst Willy Woo believe the bottom is in for bitcoin, some traders

The post Bitcoin Price Vulnerable Despite 2019 High, Traders Predict Plummet to $4,200 appeared first on CCN

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$ 70498.84 (+0.25%)
Объем 24H $43.382b
Изменеия 24h: 1.53 %, 7d: -3.05 %
Cегодня L: $69244.43 - H: $70774.07
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Источник: ccn.com

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