Bitcoin and Ethereum are on the rise again after a temporary fall due to the South Korea Hack on uncommon cryptocurrency exchange Coinrail.
Although the prices of Bitcoin and Ethereum fell momentarily, what it quite clear by the recent daily rises that prices will be back to their former position and continue to rise afterwards. Ethereum is currently valued at $538 (compared to $519 only 24 hours ago). Bitcoin’s current value is $6,756.94, compared to $6,609.09 only 24 hours ago (showing a $147.85 increase in barely 24 hours). Bitcoin also raised over $182 since last week.
Back in January 2018, CEO of the Blackmore Group and Wealth Chain Group, Phillip Nunn, predicted that Bitcoin would fall to $6,000, and soar to $60,000 in 2018. A couple days ago he stated “The prediction was based on, first of all, market volatility which we’re experiencing at the moment; I think it is really apparent. I absolutely stand by my prediction.”
For anyone who his hesitant to invest in Bitcoin, let this be known, that Bitcoin will rise again as we have seen the last week and in particular in the last 48 hours!
Phillip Nunn also stated “All the money that exists in crypto at the moment is from the public, so it’s all about market sentiment. A flood of bad news can wobble the market, stuff like regulation. The industry is so small that there’s market manipulation.” Now is the time to invest in Bitcoin and Ethereum while the cost is low and even a higher profit ratio can be made!
Do you feel this was just a temporary fall for Bitcoin and Ethereum? $60,000 value prediction for Bitcoin! Will you invest now or will you end wishing you invested while prices were low and profit potential was very high? Tell us your views on the $147.85 rise in 24 hours! Are you supporting Bitcoin and Ethereum?
Check out more information here:
https://www.express.co.uk/finance/city/975524/Bitcoin-price-news-what-is-the-price-of-bitcoin-today-is-BTC-on-the-rise
