Will G20 conference start of the bitcoin bull run
The articles that i am posting are related to those who want to know about bitcoin and who are beginners but events are taking place that also needs explanation so i am inserting those articles that would explained some phenomena that beginners and adopters probably still don't understand.
The articles mentioned are those about the dropped of value of bitcoin which are falling . Two articles that i had posted were related to these events one from Ankar Agarwal and the other was from Ivan the Tech , these people believe in the power of bitcoin that these temporary ups and down on the prices of bitcoin will be overcome sometime , just be patient and continue to be involved in the bitcoin networking.
Another event which Ankar my sponsor had message me was about the G20 event that Ankar Agarwal believed that this event is the start of the bitcoin bull run
From the coin telegraph the headline was that "
BTC, ETH Recover From Monthly Lows On Comments To G20 Members "
The crypto markets are in the green again after hitting monthly lows this week, with Bitcoin (BTC) back over $8,000 by press time according to data from CoinMarketCap, following the Bank of England’s positive comments to G20 members that crypto poses “no risk” to the stability of the global economy.
Reuters wrote about the G20 crypto comments – which were made in a letter dated March 13 – at 8:09 PM UTC yesterday, March 18, and BTC saw a spike of $1,000 in price in the following few hours.
BTC
BTC is currently up almost 8 percent over a 24 hour period, trading at around $8,300 by press time. Bitcoin’s market dominance continues to steadily grow, reported at 44.5 percent by press time.
Early morning March 19, Ethereum (ETH) also jumped in price to break above $500, after dropping below that mark March 18 for the first time since December 2017. ETH is now trading at around $532 and up almost 6 percent over a 24 hour period by press time.
ETH’s drop below $500 could possibly be attributed to a dump of 50,000 ETH on crypto exchange Bitfinex, according to Twitter-famous crypto enthusiast WhalePanda:
Regarding the $ETH dump. 50k $ETH was deposited on Bitfinex 12 hours ago coming from the $EOS crowdsale. thanks @claptrapxl https://t.co/vYHTFwQgKn
— WhalePanda (@WhalePanda) March 18, 2018
At press time all of the top 100 coins are in the green, with gains in the top 10 coins of as much as 27 percent.
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