Six Months Later, Bitcoin Makes A Daring Comeback

2019-5-11 12:02

The last few months haven’t been exactly a smooth ride for Bitcoin and the larger crypto market. However, the market seems to be on a serious recovery mood at the moment, with Bitcoin leading the charge. In fact, according to a tweet quoting a Reddit post, Bitcoin seems to have already recovered from the sharp dip of late 2018.

Bears Have Retreated

About 6 months ago in November 2018, Bitcoin took a nosedive. Things got so bad that a lot of people called crypto winter. Since then, the crypto market has been largely on ice until something happened barely 3 weeks ago. The bulls stirred to wake and the bears went off.

At the opening of the week, Bitcoin was just recovering from a small slump caused by the negative news after crypto exchange Bitfinex emerged. Within a few days, the crypto has added some good percentages to its price. At the moment, Bitcoin is already clocking $6,800 and is expected to gain some more.

More Investors

Contributing to the twitter thread, a user opined that Bitcoin’s impressive recovery is bound to attract even more investors into the market. The fact that there are now many institutional investors dipping toes into the crypto business supports that opinion.

The post Six Months Later, Bitcoin Makes A Daring Comeback appeared first on ZyCrypto.

Similar to Notcoin - TapSwap on Solana Airdrops In 2024

origin »

Bitcoin (BTC) на Currencies.ru

$ 67117.03 (+0.68%)
Объем 24H $21.546b
Изменеия 24h: 0.00 %, 7d: 10.14 %
Cегодня L: $66031.14 - H: $67117.03
Капитализация $1322.344b Rank 1
Цена в час новости $ 6946.96 (866.14%)

bitcoin months seems six market daring makes

Источник: zycrypto.com

bitcoin months → Результатов: 126


Bitcoin [BTC] to hit $25000 in the upcoming months, says Michael Arrington

On 23rd July, Ran Neu-Ner at the Korea Blockchain Week interviewed Michael Arrington of Arrington’s XRP Capital, who also recently found the business information and data company called CrunchFund. During the discussion, he spoke about the underlying asset value of XRP, the token’s use-case, few of his favorite recently made investments for Arrington’s XRP Capital […]

2018-7-25 00:50


дальше еще 77 новостей →

Партнеры Currencies.ru

Реклама на Currencies.ru

Самое свежее на Currencies.ru

Dogwifhat and Popcat sell-off as whale dumps tokens

Dogwifhat (WIF) price was down 11% on the day as top meme coins struggled. The Popcat (POPCAT) token also traded lower, falling by 20% in 24 hours. A whale has dumped both WIF and POPCAT tokens at a loss.

US arrests two Chinese nationals in $73 million crypto scam

US authorities arrested Daren Li and Yicheng Zhang in connection with a $73 million money laundering scheme. The defendants laundered the money via US and international bank accounts. Proceeds of the investment scam were converted to the USDT stablecoin.

Bitcoin price: Here’s why QCP Capital expects BTC run to $74k

Bitcoin surges past $66k after US CPI data triggers buyside pressure Here’s why QCP Capital analysts say BTC could run to $74k Bitcoin price surged past the $66,000 mark on Thursday to hit highs last seen in April amid a fresh dose of bullish sentiment.

Peter Thiel’s VC, Vitalik Buterin back $70 million raise for Polymarket

Peter Thiel’s venture capital firm Founders Fund co-led a $45 million Series B raise for Polymarket. Ethereum co-founder Vitalik Buterin also backed the Series B round. The predictions marketplace also announced it raised $25 million in a Series A round, led by General Catalyst and Polychain.