Bear market for Bitcoin, Litecoin [Crypto Analysis 11-Jan-2018]
24H Changes:
- Ripple shows some recovery after recent fall.
- Etherium becomes subtle after surpassing $1400.
- Bitcoin is riding a bear and no signs of improvement,
- Bitcoin cash, Cordano, Litecoin and many other altcoins fell in prices last day.
- Price of EOS rised by 10% in the past 24hrs
Current prices of top 20 coins (as of 11/1/2018 - 11:50am EST)
- Bitcoin $14,124.10 (-2.22%)
- Ethereum $1,233.81 (-8.43%)
- Ripple $2.15 (+8.66%)
- Bitcoin Cash $2,630.97 (-1.66%)
- Cardano $0.745185 (-0.69%)
- Litecoin $240.56 (-2.43%)
- NEM $1.42 (-2.20%)
- Stellar $0.566202 (+3.65%)
- IOTA $3.51 (-0.63%)
- Dash $1,061.90 (-1.67%)
- NEO $116.35 (-3.87%)
- TRON $0.112512 (+2.17%)
- EOS $11.20 (+10.01%)
- Monero $380.86 (-3.90%)
- ICON $10.23 (-6.85%)
- Qtum $49.88 (-4.32%)
- Bitcoin Gold $219.34 (-6.99%)
- RaiBlocks $26.18 (-8.37%)
- Ethereum Classic $34.89 (-9.06%)
- Lisk $27.15 (-5.89%)
Microsoft Welcomes Back Bitcoin
The move comes after the technology giant stopped letting customers use Bitcoin as payment for online games and apps earlier this week because of its volatility, tech website Bleeping Computereport said on Monday, citing unnamed sources.
Microsoft (MSFT, -0.06%) has since reversed course and is now once again letting people add Bitcoin to their Microsoft-sanctioned digital wallets that they can then redeem as dollars.
“We’ve restored bitcoin as a payment option in our store after working with our provider to ensure lower bitcoin amounts would be redeemable by customers,” the spokesperson told the publication. Microsoft first started accepting bitcoin as a payment method in 2014.
Bitcoin has had a wild ride over the past 12 months, surging to record highs one day and then tumbling the next. In mid-December, the cryptocurrency almost hit $20,000, but just a few days later it dropped over 22% to $15,262. On Wednesday, bitcoin was trading as high as $14,694, according to Coindesk.