Bitcoin Could End October With 2018’sFirst Year-Over-Year Decline

Bitcoin Could End October With 2018’s
First Year-Over-Year Decline

30. oktober 2018 BITCOIN (BTC) BITCOIN NETWORK CCNews CRYPTOCURRENCIES EXCHANGE GLOBAL POWER STATS TRADING TRANSACTION TRANSFER Uncategorized 0

With prices trading sideways around $6,400 for the 10th day straight, bitcoin (BTC) risks reporting a yearly loss for its 10th birthday.

The leading cryptocurrency, which turns a decade old this Wednesday, has been flatlined below $6,500 since Oct. 19 and is showing no signs of life with volatility readings at multi-month lows.

At press time, BTC is trading at $6,414, as per CoinDesk’s Bitcoin Price Index (BPI) – up 4.46 percent on a yearly basis.

Because BTC was trading above $6,400 on Oct. 31, 2017, annual performance would turn negative if the lateral trading continues for another 48 hours.

Source:   https://www.coindesk.com/bitcoin-price-may-report-yearly-loss-on-its-10th-birthday/

 

Skriv et svar