Heroes of Ukraine

«Market Leader» - news and previews making you rich.

Monday, 20 May 17:15 (GMT -05:00)



Foreign exchange market

Bitcoin Goes Over $9000


Over the weekend, Bitcoin reached two psychological thresholds. On Saturday, November 25th, the world’s first and largest cryptocurrency gained $280 per 1BTC at a time and reached 8700 USD/BTC. On Sunday, November 26th, Bitcoin gained $400 per 1BTC at a time broke 9000 USD/BTC, thereby setting another all-time high, even though the exchange rate retraced back shortly after the record.
 
 
It seems like Bitcoin is not going to settle down. This morning, the most popular digital currency has set a new all-time high - 9643,89 USD/BTC. It’s interesting to note that the new record pushed the BTC market capitalization up to $161 billion. At the same time, the total market cap of the entire cryptocurrency market is now well over $284 billion, NordFX reports.


 
In case you didn't know, Bitcoin broke the 8000 USD/BTC threshold on November 17th. By that time, Bitcoin had already gone up in value by more than 700% – from 950 all the way up to 8000 USD/BTC ­since early 2017.
 
According to the survey conducted by LendEDU among Bitcoin investors, they expect the digital currency to skyrocket to $196000 per 1BTC over the next few years. Well, their hopes are backed by the current dynamics. It took Bitcoin 1789 days to reach 1000 USD/BTC. After reaching 5000 USD/BTC, the dynamics accelerated dramatically. Over the last few months, the digital currency has been gaining another $1000 every couple of weeks. To gain another thousand dollars, Bitcoin spent just 9 days!
 
Experts say that the international community of Bitcoin investors have been resuming their interest in Bitcoin since there are hopes that the Segwit2x hard-forking will eventually take place in the near future. For those of you who don’t know, the event was scheduled for the end of November but then suspended, which make Bitcoin crash down to 5600 USD/BTC since investors had switched to other digital currencies. Later on, the community started spreading the rumor that Segwit2x is not dead. Couple with the news, about CME Group’s plans to launch BTC futures, all of that pushed Bitcoin higher to set new all-time highs. 

 

 

 

You are free to discuss this article here:   forum for traders and investors

 

Add to blog
Got a question? – Ask it here »
 

Forex and Cryptocurrency Forecast by NordFX. May 20-24, 2019

Roman Boutko, an analyst for NordFX, has come up with another consensus forecast for the forex and cryptocurrency markets for the forthcoming trading week starting on May 20, 2019.


Publication date: 20 May 03:50 AM

U.S. Sanction Trap For Russian Rouble

It's not a secret that the amount of sanctions against Russia has been growing over the last few years. At the same time, experts are losing faith in the stability of the Russian Rouble. Washington is discussing more and more variants to impose even more sanctions on Russia to undermine its economy and national currency.

Publication date: 18 May 03:25 PM

Facebook articles contest from FortFS

FortFS offers you to show off your writing skills and compete with other traders for a prize fund of 1000 USD, which will be distributed among the authors of the most interesting articles about our company!

Publication date: 18 May 12:24 AM

BTC Market Will Set New Highs In 2020

Tom Lee, Chief Analyst for Fundstrat Global Advisors, has recently shared his optimistic view on the future of Bitcoin (BTC). In early May, he said that the BTC exchange rate is undervalued and, given some fundamental factors, it should be somewhere around 14K dollars per coin. At this point, he thinks that the current all-time highs may well be renewed this year. This means BTC prices above $20K per coin and market cap well over 830 billion dollars within the next 20 months.

 

Publication date: 15 May 10:05 AM

U.S. Unemployment Rate Drops To Nearly 50-Year Low

The U.S. Department of Labor has released another unemployment reports. For the first time in over 49 years, the unemployment rate dropped all the way down to 3,9%. For the most part, this has to do with a considerable decline in the economically active population.

Publication date: 13 May 11:22 AM

Six main components of Alpha Bonus from FortFS

From 06 of May till 07 of June 2019 become the owner of a unique artifact called Alpha Bonus and subdue the financial element!


Publication date: 13 May 01:40 AM

Bitcoin Reaches 5-Month High

The cryptocurrency has been maintaining a stable bullish trend. over the last few days, the market cap has exceeded 185 billion dollars. According to CoinMarketCap, the market cap used to be 179 billion dollars on Tuesday. Over the last few days, the cost of all the cryptocurrencies circulating in the global market has grow considerably. 

 
Publication date: 27 April 10:24 AM

ETH's At Local Highs: What's In For Ethereum And ICO?

Ethereum is back in the game! It's currently trading around 5-month lows. Still, the market seems to be showing some confidence that the coin has already overcome its existential crisis and managed to recover from crisis that started after the ICO bubble burst in 2018. Will ETH and ICO revive?

Publication date: 17 April 10:42 AM

NordFX Shares Another Forex and Cryptocurrency Forecast for Mid-April 2019

The balance of powers in the international currency market (also known as forex) influences many contemporary tendencies in the entire world. At the same time, traders and investors rely on accurate forex forecasts to earn money. That is why we keep on publishing those weekly consensus forecasts, courtesy of NordFX.
Publication date: 15 April 10:54 AM

Weekly Forex and Crypto Prediction by NordFX. Mid-April 2019

Any exchange rate between any two currencies is the result of multiple factors affecting the currency pair at any given moment. At the same time, those exchange rates themselves are actually capable of affecting other processes important to specific countries and even the entire world.

Publication date: 09 April 11:01 AM