Kick off the second half of 2018 at a rally in Bitcoin -. Com

Kick off the second half of 2018 at a rally in Bitcoin -. Com
фото показано с : bitcoints.com

2018-7-3 08:55

Last week, bitcoin skidded to its lowest level since November, under $6,000, which traders attributed to CME futures contracts expiring and overall lackluster interest from new buyers.
The world’s largest and first cryptocurrency has struggled from that lack of enthusiasm, and prices have dropped 52 percent since January, according to CoinDesk.
Still, bitcoin is up 145 percent since last July and saw roller coaster trading for the remainder of last year.
Litecoin has fallen 64 percent, while bitcoin cash is down 70 percent in the same time frame.
Pantera Capital founder and CEO Dan Morehead said in an April investor letter that bitcoin is “highly likely to have exceeded $20,000 within a year.”

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Bitcoin (BTC) на Currencies.ru

$ 97513.45 (-0.35%)
Объем 24H $96.924b
Изменеия 24h: 3.19 %, 7d: 7.09 %
Cегодня L: $94006.77 - H: $98156.69
Капитализация $1928.202b Rank 1
Цена в час новости $ 6639.65 (1368.65%)

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Bitcoin kicks off moment half of the year with a 12% rally

Last week, bitcoin skidded to its lowest level since November under $6,000, which traders attributed to CME futures contracts expiring and overall lackluster interest from new buyers. The world’s largest and first cryptocurrency has struggled from that lack of enthusiasm, and prices have dropped 52 percent since January, according to CoinDesk. Still, bitcoin is up

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Thomas Lee, Co-founder and head of research at Fundstrat Global Advisors, ties the recent decline in Bitcoin (BTC) price with the expiration of Bitcoin futures. Tom Lee Blames Futures Expiration Among Other Factors In an interview for Bloomberg, Tom Lee explained that the weakness in the market’s first and foremost cryptocurrency was the result of futures contracts expiring.

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