Growth of Bitcoin and Ethereum

in #bitcoin7 years ago

Cryptocurrencies speculators and investors saw bitcoin price pass its previous all time high in may 2017.
Due to the gains of bitcoin over the years, it has attracted many investors into the cryptocurrency market. Bitcoin, trading around $50 in April 2013 recorded an all time high of $2700 in may 2017.
Although, there are a lot of cryptocurrencies that has risen over the years. For example, ethereum.
Ethereum has also achieved gains since its inception, originally trading less than $10 has appreciated to $235 (as at the time of writing)

Investors and cryptocurrencies
with the creation and popularization of cryptocurrencies, investors who invested money in stock market, Forex market, gold etc are beginning to see the potentials of cryptocurrencies and dumping Forex, gold and stocks
furthermore, bitcoin has gained more popularity over all other cryptocurriencies but ethereum has also gained its fair share of the market


In conclusion, as more countries and investors continue to show support for cryptocurrencies, one can say that more growth is expected in the crypto market

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