Bitcoin’s price lost $3 000 after a new record

in #bitcoin6 years ago (edited)

On December 20 Bitcoin's price fell to $16,900. It’s almost 15% lower in comparison with the absolute record on December 17 - $20,089.

Img. source: coinmarketcap.com

It’s the sharpest drop in the value of the cryptocurrency since the opening of Bitcoin futures trading on the Chicago Stock Exchange on December 10.

Meanwhile, the head of the marketing department of the Hong Kong exchange Gatecoin Thomas Glucksmann called the situation “a short-term correction” and predicted Bitcoin’s recovery by the end of the week.

Today the most popular cryptocurrency exchange in the US Coinbase announced that its users can now buy or sell the Bitcoin Cash.

After this news the BCH price rose by more than 30% and made an absolute record - $3,380.


Read also:
Blockchain will make a revolution in social networks
Bitcoin forecast and analysis for December 19, 2017
Bitcoin news: “bullish” trend changed to “bearish”
Co-founder of the largest site about cryptocurrency sold all his Bitcoins
Ronnie Moas predicts Bitcoin price growth to $400,000


 

Sort:  

This post received a 3% upvote from @morwhale team thanks to @russianbitcoin! For more information, click here! , TeamMorocco! .
STEEM Price : 2.68 $

The @OriginalWorks bot has determined this post by @russianbitcoin to be original material and upvoted it!

ezgif.com-resize.gif

To call @OriginalWorks, simply reply to any post with @originalworks or !originalworks in your message!

Interesting situation to me!

I guess, BCH will be more interesting in future than BTC.

Congratulations! This post has been upvoted from the communal account, @minnowsupport, by RussianBitcoin from the Minnow Support Project. It's a witness project run by aggroed, ausbitbank, teamsteem, theprophet0, someguy123, neoxian, followbtcnews/crimsonclad, and netuoso. The goal is to help Steemit grow by supporting Minnows and creating a social network. Please find us in the Peace, Abundance, and Liberty Network (PALnet) Discord Channel. It's a completely public and open space to all members of the Steemit community who voluntarily choose to be there.

If you would like to delegate to the Minnow Support Project you can do so by clicking on the following links: 50SP, 100SP, 250SP, 500SP, 1000SP, 5000SP. Be sure to leave at least 50SP undelegated on your account.

This post has received a 0.28 % upvote from @drotto thanks to: @banjo.

This post has received a 50.00 % upvote from @steemthat thanks to: @russianbitcoin. Thank you for your support. Stay Updated And Use Cool Tools At SteemThat.com

This post has received a 8.84 % upvote, thanks to: @russianbitcoin.

Coin Marketplace

STEEM 0.23
TRX 0.11
JST 0.029
BTC 66261.45
ETH 3535.42
USDT 1.00
SBD 3.12