RE: A Bit of Everything (BitCoin $9500, Boosteroid ICO, and More)
The price of Bitcoin seems to be driven by positive news, such as the announcement of the CME Group, which will offer futures contracts on cryptocurrency next month, that of Square, which will soon allow purchases of digital currency through its Square Cash application, or the statement of the Hyosung Group, which announced that its vending machines would soon allow to buy virtual currencies.
We can also mention the intentions of JPMorgan Chase, who would like to offer its customers the opportunity to speculate on the value of Bitcoin - even if its CEO, Jamie Dimon, had recently said that it was a "fraud".
At the same time, all the crypto-currencies of the "top 10" have increased over the last 24 hours - with the exception of Bitcoin Cash, slightly down.
Yeah, the market tends to be driven by rumor and sold on news. BitCoin is a beast of its own and with it being the "mainstream" token or the token that is spread by word of mouth, I just do not see it retracting in price.
Over the past two weeks over $100 Billon has come into the crypto market. I think a lot of the coins in the top 10 are going to continue to see strong growth into 2018!
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