Cryptocurrency Market Price

[Jcabudx]

Over the past 48 hours, after demonstrating a highly volatile week, the cryptocurrency market has remained stable in the $350 billion region, as major cryptocurrencies such as bitcoin have not recorded major gains or losses.

Stability
Throughout February and March, every cryptocurrency in the global market has experienced extreme upswings and price drops, going up and down 20 to 30 percent within a 24-hour period. Bitcoin for instance, has dropped from $14,000 to $6,000, increased to $11,600, dropped to $7,000, and recovered to $9,000.

Subsequent to this period of intense volatility, the cryptocurrency market has found some stability, given that the market has not made any major movement for two days straight. Some tokens like ICON (ICX) and Storm have surged by over 40 percent due to exchange listings, but other than the two cryptocurrencies, most digital currencies have sustained their price from March 20.

Investors have also started to express some optimism and enthusiasm towards the market after the initial recovery from $6,000. Experts in the tech and finance sectors including Twitter CEO Jack Dorsey, billionaire investors Tim Draper and Alan Howard shared a similar sentiment in saying that cryptocurrencies like bitcoin could become the global reserve currency.

Twitter CEO Jack Dorsey, who also operates payments app Square, stated:

“The world ultimately will have a single currency, the internet will have a single currency. I personally believe that it will be bitcoin.”

Howard, who invested in bitcoin last year, revealed that he will increase his holdings in cryptocurrencies in 2018, because he strongly believes the market will experience a full recovery throughout this year.

“Hedge fund billionaire Alan Howard made sizable personal investments in cryptocurrencies last year and plans to put more of his own money into digital assets and the blockchain technology behind them, according to people with knowledge of the matter,” a Bloomberg report read.

https://www.ccn.com/cryptocurrency-market-remains-stable-at-350-billion-bitcoin-at-9000/

[Xester]

Over the past 48 hours, after demonstrating a highly volatile week, the cryptocurrency market has remained stable in the $350 billion region, as major cryptocurrencies such as bitcoin have not recorded major gains or losses.

Stability
Throughout February and March, every cryptocurrency in the global market has experienced extreme upswings and price drops, going up and down 20 to 30 percent within a 24-hour period. Bitcoin for instance, has dropped from $14,000 to $6,000, increased to $11,600, dropped to $7,000, and recovered to $9,000.

Subsequent to this period of intense volatility, the cryptocurrency market has found some stability, given that the market has not made any major movement for two days straight. Some tokens like ICON (ICX) and Storm have surged by over 40 percent due to exchange listings, but other than the two cryptocurrencies, most digital currencies have sustained their price from March 20.

Investors have also started to express some optimism and enthusiasm towards the market after the initial recovery from $6,000. Experts in the tech and finance sectors including Twitter CEO Jack Dorsey, billionaire investors Tim Draper and Alan Howard shared a similar sentiment in saying that cryptocurrencies like bitcoin could become the global reserve currency.

Twitter CEO Jack Dorsey, who also operates payments app Square, stated:

“The world ultimately will have a single currency, the internet will have a single currency. I personally believe that it will be bitcoin.”

Howard, who invested in bitcoin last year, revealed that he will increase his holdings in cryptocurrencies in 2018, because he strongly believes the market will experience a full recovery throughout this year.

“Hedge fund billionaire Alan Howard made sizable personal investments in cryptocurrencies last year and plans to put more of his own money into digital assets and the blockchain technology behind them, according to people with knowledge of the matter,” a Bloomberg report read.

https://www.ccn.com/cryptocurrency-market-remains-stable-at-350-billion-bitcoin-at-9000/

Good news are coming in again. This is the second good news after the news about G20. This news is big and must be spread to the community to uplift their spirit amidst the issues of goggle and twitter banning crypto related advertisements. We have suffered a huge losses at the beginning of the year but it is also the time wherein we can buy more bitcoin and thus the crypto loyalists have nothing to lost. Lets promote this kind of good news guys!

[IgorShumilo]

It seems that the storm temporarily stopped, everyone was waiting for the G20 summit and its results and he went on a positive wave for bitcoin. I believe that now the market will gradually recover and there will be lateral movement in the region of 8500-11000. We need new investors and good positive news for further growth and recovery to the January highs!

[YuginKadoya]

In my opinion with the single currency is we can not be so sure about this single currency that will be implemented for all country, which I think all can sure use it in all sort of transaction needed if that country doesn't ban bitcoin, And I really think there are many Cryptocurrency that we can choose from and right now there are a few Altcoins that can be use in direct transaction.

[Noelbetty12]

For someone who knew much about the market, the rise and fall of bitcoin prices gives them the advantage. When the common people fear something could happen to their investments they sell it. Panic creates an opportunity for those people who waits to buy coins at low price. It would surely take time to really recover to the highest peak value obtained and to probably surpass it. But I believe many are still holding on to it.

[rockstarr]

It seems that the storm temporarily stopped, everyone was waiting for the G20 summit and its results and he went on a positive wave for bitcoin. I believe that now the market will gradually recover and there will be lateral movement in the region of 8500-11000. We need new investors and good positive news for further growth and recovery to the January highs!

Crypto currency and it's value in the market is just like a wheel of the vehicle, it's keep on turning up and down. For the meanwhile it is still recovering from the situation of being low and soon it will rise again(BITCOIN).

[Saiful Islam777]

I think all the currency will be used to ensure the use. This will be useful if it has to use all types of products. But to help the government.