Bitcoins are once again on the verge of falling below $ 6000
Stock Markets Group – the exchange Rate of bitcoin for the last day again trying to break down, erasing all the gains of the past two days.
The value of Bitcoin remains trapped in a narrow range in readiness to make a new jump down.
Talk about the weakness and futility of bitcoin as a global digital currency is increasingly deprived of the asset support, meanwhile, there are those who do not lose faith in the subsequent growth rate.
A cryptocurrency is highlighted in green. So, Bitcoin Cash has strengthened by 3% and is at level 716$ capitalization 12 356 billion.
The Ripple rate increased by 3.27% and reached 0.46$ at market capitalization 18 376 billion. Ethereum went up by 2.49%, and amounted to 440$ in market capitalization 44 319 billion.
14:15 GMT., major exchanges show the following values of the rate BTC/USD:
Bitstamp – $ 6 131 (+1.04%)
Bitfinex – $ 6 126 (+1.1%)
Coinbase – $ 6 121 (+.87%)
The market capitalization of Bitcoin at the moment is $105 076 billion Total capitalization of the stock market 215 144 billion.
The bitcoin exchange rate and news
Social network Facebook will resume ads bitcoin and other cryptocurrencies, but limitations on ICO and options, will remain in force.
That the company has revised its advertising policy, announced on his blog Rob Luzern, Director of product management and services company.
Recall that a ban on advertising of crypto-currencies and bitcoin was introduced on Facebook five months ago, but apparently, the experts felt that the result of these actions, the company loses a lot of potential customers.
The report said:
“For several months we studied this question with the aim of improving policy restrictions to allow some ads to display. On 26 June we will amend the rules and allow you to promote products related to cryptocurrency and Bitcoin as well as the content. However, the decision will not affect the ban of the initial placement of tokens and binary options”
Also, according to the new requirements, the advertiser before the advertising will have to fill out an application, after which the specialists of the social network will approve it or reject.
The main factors for decision-making, is the availability of licenses and authorizations on financial transactions on stock exchanges.
“This means that the is bitcoin products will be allowed not everyone. It is important that the company continued to struggle with advertising that mislead our users that is associated with the digital asset”
So add that to the present day and another Internet giant, Google, in spite of such limitations, continues to broadcast ads associated with bitcoin and cryptocurrency exchange.
As a rule, those companies that presented on the market of digital coins officially.
This news did not effect on the exchange rate of bitcoin, and apparently, the same strong reaction as in the case of the announcement of the ban, we will not see.
However, we believe this information is positive, as it will improve control in the sphere of advertising of crypto-currencies, while allowing you to work with honest companies.
Bitcoin exchange rate today
The previous growth almost offset another decline in the area of $ 6000. A technical rebound that we saw yesterday, was not long, and today experts returned to the predictions of an imminent decline in the exchange rate of bitcoin to 5500 dollars.
Pressure on most popular cryptocurrency will continue and in the coming days, a bitcoin can re-break through the important psychological level.
The first objective in this case remains unchanged at 5500$, then the value of the asset will go to 5000$.
The absolute indifference of investors to the incoming positive news indicates a reluctance to invest in the next few weeks.
Market analyst cryptocurrency
Stock Markets Group™