The collapse of the bitcoin does not threaten

20 February 2018, 13:29 | Economy
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The mark of $ 5.9 thousand. , to which bitcoin fell February 6, is the bottom of the cost. This conclusion was reached by financial analysts. In the foreseeable future, the Crypto currency can hardly fall below this level. Although noticeable fluctuations in the rate are possible: this is the nature of the asset, whose value is provided only by speculative interest. In the meantime, crypto-currencies continue to grow in price. Obviously, the current appreciation is not a rebound after a prolonged fall. The crypto-currency market is experiencing a real degeneration. According to the portal CoinMarketCap, 1 BTC in the early morning on Tuesday Moscow time was $ 11,601 thousand. , dialing 8.9%. After that, he dropped a bit and by noon was worth $ 11.38 thousand (daily increase - 4.16%).

However, the events of recent weeks indicate that the cost of virtual money will continue to grow. Already today bitcoin can overcome the mark of $ 12 thousand. Other crypto-currencies do not feel as good.

For several days the cost of ether, ripple and bitcoin-cache practically does not change. Now it is $ 944, $ 1.15 and $ 1.523 thousand. respectively. The market capitalization of the crypto currency exceeded half a trillion dollars, reaching $ 512.21 billion. Bitcoin accounts for approximately 38% of the whole market of crypto-currencies, ether - 18%, ripple - 9%. Now bitcoin is trading at the level at which it was exactly one month ago. After this, a rapid two-week run was followed, followed by an equally rapid two-week rise in value. However, to a record high of late December 2017. , when the crypto currency jumped in price to $ 20 thousand. , bitcoin is far away. And it is not a fact that the quotes will ever return to their previous level. Forbes magazine notes that the state authorities for some time made a statement that is not aimed at undermining confidence in crypto-currencies. Heads of the Securities Commission and the Futures Trading Commission of the United States announced the need to regulate the market of crypto-currencies.

However, at the same time, they rather approved the use of virtual money. "Fears about a more stringent regulation (cryptology), which were one of the catalysts for the recent fall, seem to be dissipating," concluded CNBC. Analysts say that the ups and downs of the course are not afraid of crypto currency.. Even in the event of a market collapse, the impact on the financial services sector will be insignificant, since direct and indirect communication of banks with digital currencies remains limited, say S & P Global Ratings.




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