Bitcoin over$ 10,000, but growth is unconvincing
Stock Markets Group – the exchange Rate of bitcoin, the most popular cryptocurrency in the world, the last day was able to overcome the psychological level and return to growth. Now the cryptocurrency is above $10,000 and on average adds about 7%.
At the moment the major exchanges show the following values of value of bitcoin:
Bitstamp – $ 10 of 219 (+6.57%)
Bitfinex – $ 10 201(+9.1%)
Coinbase – $10 of 192 (+6.55%)
The market capitalization of bitcoin at the moment is $173 533 billion.
The course of bitcoin again riding up, a day later the buyers took matters into their own hands and support the cryptocurrency market. But how long will this growth, and why the Bitcoin exchange rate can not develop the full upward movement?
As noted by many experts, the growth of cryptocurrencies after the weekend is becoming more commonplace. Today was no exception and the market of digital coins there is a noticeable optimism.
However, despite the attempts of bitcoin to gain a foothold above the psychological mark of full-fledged trend, the current movement is hardly
The bitcoin exchange rate and news
Bittrex, one of the most popular cryptocurrency exchanges, States can stop the service of citizens, targeted by the sanctions, as well as living in areas included in the sanctions list.
In the new agreement for clients posted on the exchange website says that for residents of countries that fall under the embargo imposed by the US, maintenance on the trading platform may be terminated.
The announcement caused a lot of rumors and fears, however, later, the support team clarified that these restrictions will not apply to customers of the Russian Federation.
However, according to experts, the presence of such paragraph and the wording that “the ban can be applied at the discretion of the exchange” could one day become an obstacle for Russian players.
Group of development of financial measures against money laundering (FATF) said the intensification of the fight against the shadow schemes of the crypto operation.
In the message, published on Friday, said that the organization has taken into account the latest data of investigations carried out in different countries, and intends to implement additional measures to address the risks of using the cryptocurrency in the shadow schemes.
The growing interest in the cryptocurrency from regulators in different countries have led to a number of checks of banks and cryptocurrency exchanges.
The result was identifying not only the violations of the financial institutions, but also the opening of criminal cases concerning the evasion of payment of taxes and schemes to launder money.
In the future, as reported by the representatives of the organization, a plan of action that will allow you to consolidate common efforts of the key participants in the global financial system against illegal activities.
Bitcoin exchange rate today
By the end of the trading day, bitcoin was able to add about$ 500, but the current rise still cannot be called a stable trend.
After the cryptocurrency has again passed an important psychological level, many investors left the market, and not waiting for growth to continue.
If you look at the Feb, we can see that intraday movements of bitcoin exchange rate rarely cross the 10% threshold, and are less aggressive than in the end of last year.
Probably that is why, most of the speculators who were previously in bitcoin went to other alternative cryptocurrencies.
If you expect that the rate of bitcoin will continue to rise, the first important level for price will be $11 000. Further, the movement may continue to $12 000 to $12 500.
Now for bitcoin, it is important to start from the current level to be able to count on long traffic. Otherwise, the course may remain in the range between $10 000 and $12 000.
The negative scenario
The rate of bitcoin will fall below, and in this case, the target will be the $9 500 and the next $8 000. This development is quite feasible, especially given the recent decline in the cryptocurrency with almost $12 000 to $9 500 the day before.
Courses cryptocurrency today
At the time of this writing, major cryptocurrencies show strong growth. The current dynamics was partly caused by the growth of bitcoin, which guided most of the players exchanges.
Total market capitalization is now $404 billion.
Market analyst cryptocurrency
Stock Markets Group™