On Thursday, March 26th, the volatility in the BTC remains high. However, today the prices for the leading cryptocurrency are declining slightly, generally trading at $6645, while yesterday’s peak was $8350.
A senior analyst at RoboForex shares his insights into the future scenarios for Bitcoin, Ethereum, Litecoin, EOS and Bitcoin Cash price movement.
These days, the BTC is trying to correct after stressful sales. On Thursday, March 19th, the key cryptocurrency is trading at $5800, growing 11%.
Cryptocurrency prices fell sharply yesterday. This is one of the worst days in the history of the cryptocurrency markets. There seems to be hope and a few opportunities as well.
Oil market prices plunged when OPEC and its allies failed to reach an agreement on production cuts. All the markets, including stocks, currencies and cryptos are falling.
Bitcoin and other cryptos’ prices dropped soon after a plunge in oil prices. Besides, Bitcoin lost its positions as a result of a crypto scam committed by PlusToken.
The noise around coronavirus is growing. Stocks in Asia are falling due to this situation and there are no signs of improvements.
The coronavirus death toll is spreading fears to investors who are trying to turn to gold, the U.S. dollar and also Bitcoin as a safe haven.
As market trading resumed in China after the holidays, stocks crashed over 7% being influenced by the effects of the coronavirus fears. China has pumped over 1 trillion yuan in rescue.
As you may know, people in Europe like to do things slowly. This time, Great Britain is leaving the Eurozone for real, while the world’s eye pairs staring into scary Chinese videos.
The latest news about world currencies including US dollar, Euro, Pound, Yuan and others.