Bitcoin Continues To Gain Popularity As Number Of New BTC Walllets Explode Per Blockchain.com Data

2019-1-10 17:29

Bitcoin Continues To Gain Popularity

Bitcoin is already changing the way business is done across the world. Although its development was met with a lot of speculation, the technology has been in a position to rise behind these fears.

Going with the current data, the year 2019 will be a consequential year for the digital currency. The currency has seen an increase in the number of its users. Last year, credible information shows that the usage of the currency rose by close to 50%. It was such an achievement.

Stability In The Year 2018

In the past, the prices of the Bitcoin have been increasing at a very high rate. However, there was a significant shift in the year 2018. The prices never increased sharply. However, the major fundamentals of the currency got enhanced. Analysts continue to predict that the currency has a positive outlook in the future.

This goes against what the currency experienced last year. In that period, it posted a change of -0.33% in its average daily value which was not encouraging at all. The difference was worse compared to the year 2014 when the coin was struggling in the market. In the years 2013 and 2011, the currency had a positive change in its daily average value.

2019

The future remains bright for the currency. Although it opened the year with a drop in the price, this decline is insignificant. Perhaps it shows that the currency is now mature and market fundamentals are now driving the prices.

This trend is also expected to continue next year where the currency will experience what is called halving. However, there is no cause of alarm since this is a typical market scenario.

Catching The Eyes Of The Regulators

Many nations are still to give the nod to the trading of this currency in digital platforms. Most of them fear the volatility of the cryptocurrency. However, the US is expected to embrace the currency.

The stock market regulator is expected to approve its first Exchange Traded Fund as early as February this year. More regulators will soon follow. Currently, 1 Bitcoin is valued at more than $3000. The total value of all the bitcoins in the market exceeds $60 billion.

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Bitcoin (BTC) на Currencies.ru

$ 90992.91 (+1.10%)
Объем 24H $59.705b
Изменеия 24h: -1.52 %, 7d: -1.44 %
Cегодня L: $90212.98 - H: $92664.54
Капитализация $1822.733b Rank 1
Цена в час новости $ 3584.18 (2438.74%)

bitcoin year data continues gain popularity position

Источник: bitcoinexchangeguide.com

bitcoin year → Результатов: 126


Фото:

It’s foolish to pretend Bitcoin’s story doesn’t include $79k this year

Bitcoin is slipping again, and the mood across the market is shifting. Traders who were celebrating six-figure prices only weeks ago are suddenly watching key levels evaporate. The move below $106,400 was the first real warning sign, the collapse through $99,000 confirmed that the market is no longer treating those supports as serious areas of […] The post It’s foolish to pretend Bitcoin’s story doesn’t include $79k this year appeared first on CryptoSlate.

2025-11-15 06:00


Bitcoin Retests $95,000 Amid 4.2% Surge, Is A New Year Rebound Coming?

As the year ends, a renowned analyst suggested that Bitcoin (BTC) could have a New Year rebound after the flagship crypto surged by 4. 2% to retest a key level. Related Reading: Altcoins To Explode In Early 2025: Analyst Says “Grand Finale” Is Around The Corner Bitcoin Sees End-On-Year Slowdown Bitcoin has struggled to hold the mid-zone of its one-month price range as the crypto market experiences an end-of-year slowdown.

2025-1-2 06:00


Bitcoin is up in Argentinian Pesos over the last year, but natives should still avoid it

Key Takeaways Inflation in Argentina is now near 100%, as savings in the peso are getting crushed Bitcoin, despite collapsing in the last year, is up in peso terms Weak currencies are often cited as benefits of Bitcoin, but in the case of Argentina, it would be worse, writes our Analyst Dan Ashmore  Stablecoins present […] The post Bitcoin is up in Argentinian Pesos over the last year, but natives should still avoid it appeared first on CoinJournal.

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