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DAILY NEWSPAPERS
Good afternoon and welcome to our continued coverage of all things cryptocurrency, including price, regulation, innovation and financial crime.
A bad start to the week continues for the cryptocurrency market while BTC prices fall below $ 7,000.
Bitcoin struggled to gather this morning and lost 1.10 percent of the day to trade at $ 6.963.45.
Ethereum had some small gains yesterday but lost 0.01 percent to trade at $ 407.13.
Ripple sees more losses, down 1.77% to $ 0.421029, while Litecoin suffers a loss of 1.35% selling for $ 73.29%
Investors fear that BTC could go down even lower in the rankings, but some experts are telling traders to stay strong – a rebound could be on the cards.
3.30 UPDATE: Crypto claims Tom Lee tells investors "Do not panic, bitcoin recovers!"
Wall Street crypto guru Tom Lee believes that the bitcoin can slowly recover from its current collapse in 2018. [19659003] Fundstrat's research manager said: "Bitcoin will not break if it is maintained at these levels. that people fear it will come back down to $ 6,000 and will never return from those bearish markets.
"The news we've seen, from the SEC that says bitcoin is a commodity, to the potential for a fund traded in stock market is causing investors to decide that the bitcoin is the best home in a difficult market. "
The cryptographic expert believes that the bitcoin domain shows that the market is reacting to what is good news [19659013] [ad_2]Source link
