On March 26 the price of bitcoin has seen a sudden decline in price from $8,000. The cryptocurrency has been going through massive ups and down from past few weeks. The approx. loss of 7 percent was on Monday, where the tumbling of bitcoin continuous to $7,879. The news of ban of cryptocurrency ads on social platforms like Facebook, Twitter and Google have been affecting the marketing these days. The slide in cryptocurrency is all temporary and not for much time. As it has been observed in terms of bitcoin that every now and then the price of bitcoin shots up again after a massive loss. Similarly, when the cryptocurrency decreased by 12 percent in January after the announcement made by Facebook to ban all the ICO’s and cryptocurrency advertisements on their platforms. Later the price regained and came back to normal from very low to high. Such news creates havoc in the market but for the short span of time. As per the belief of cryptocurrency analysts, the Bitcoin will retriev...
Bitcoin price has crossed $4,700 again as the time shows the news records of cryptocurrency high. According to the CoinDesk Bitcoin Price Index (BPI), today’s the bitcoin opened at $4, 630.73 and the high goes to $4,791.75 till now. This is the second time the price of bitcoin risen with an unexpectedly high rate after the 18th August of this month. As all the top cryptocurrencies increased in price altogether, the total crypto market capitalization crossed the $170 billion with all new high. The other coins such as Ethereum is also trading on high price this week according to the market data records. Now when the price of bitcoin touched $4,791. It is nowhere impossible that the expected price of $5,000 will be reaching soon.