Bitcoin (BTC) + 15% Determinant market value of the two North cryptocurrencies

On Wednesday, all prices of digital currencies are attributable to the North, with most of the major coins / tokens recording double digital gainers.

Bitcoin, BTCUSD, the digital currency n. 1 in the world, was trading at $ 4.707.30, up 15% from Tuesday at 5:00 p. ET on the Kraken exchange and on track for his best day in 4 months.

Currently, Bitcoin is trading at: 4,252.71,-10.81, or -0.2535%, tos of 12: 19a, GMT, the market is open.

After a brusque November and a harder year, Bitcoin has found some support in the last 48 hours and is trying to establish a base around the value of $ 3,500- $ 4,000, and may have entered a day of key reversal, we'll know if this happened in the next 5 trading sessions.

"It is worth paying attention to market behavior close to $ 3,500. This is an area that has seen a drastic increase in September 2017, so the technical analysis drives us to monitor price dynamics close to these levels, "wrote the digital coin market analyst at FX Pro Insights.

"These kinds of guarantees do not currently exist in all the places of exchange where digital currencies are exchanged," Clayton said at the Consensus Invest conference in New York.

Altcoin and futures follow Bitcoin move North

Altcoin: the collection of cryptocurrencies other than Bitcoin has increased with Wednesday Bitcoin.

• Ether ETHUSD rose 14.8% to $ 124.76
• litecoin LTCUSD rose 15.8% to $ 35.37
• XRP XRPUSD it was 10.9% at 40c
• Bitcoin money BCHUSD rose 12.8% to $ 197.40.

The broad rally added $ 20-B to the market value of all cryptocurrencies, which was the last at $ 142-B, according to CoinMarketCap data.

Bitcoin futures also increased on Wednesday

The December contract for Cboe Global Markets XBTZ8 ended the session + 15.1% to $ 4,240 and the November contract of the CME group BTCX8 closed + 15.6% to $ 4,300

Stay tuned…

Bitcoin, BTCUSD, CBOE, CME, coins, crypto, currencies, data, ETF, ETHUSD, exchange, market, North, prices, inversion, SEC, token, value

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Paul A. Ebeling, multifaceted, excels in different fields of knowledge. Pattern Recognition Analyst in Stocks, Commodities and External Exchanges and author of "The Red Roadmaster's Technical Report" on the United States Major Market Indices ™, a letter from the highly regarded weekly financial market, is also a philosopher, who provides cues on a wide range of subjects followed by more than 250,000 cohorts. An international audience of opinion makers, business leaders and global organizations recognizes Ebeling as an expert.