Bitcoin Rally: Cryptocurrency Makes a Comeback After Major Slump
Many in the financial world this week were claiming Bitcoin was “dead” after it hit its 2018 record lows this week. What they didn’t predict was a Bitcoin rally. On Sunday, the world’s first digital currency hit just above $3,600 a coin, which is the coin’s record-low this year.
Bitcoin hadn’t seen below $3,700 since mid-September 2017, and this past week, the cryptocurrency was down almost -40% for the month. However, on Tuesday night that all began to shift.
In around 60 minutes, Bitcoin jumped up in price over $200. While this …
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Posted by Chelsea Roh on November 28, 2018 @ https://cryptocurrencynews.com/bitcoin-rally-comeback/?utm_campaign=rss_Bitcoin%20News_ccn&utm_source=rss&utm_medium=rss