【】
 我要评论
 我要评论Just a week ago, as the price of one bitcoin surpassed $10,000 for the first time in more than a year, it appeared that the rise of the most popular cryptocurrency is unstoppable.
Each day, Bitcoin hit new highs, almost touching $14,000 on June 27 -- and then the growth abruptly stopped and the price started going the other direction. Five days later, and one bitcoin dropped to $9,835, having fallen more than 10 percent in the last 24 hours according to CoinMarketCap. (During the couple of hours needed to write this text, the price recovered to $10,225.)
The prices of other popular cryptocurrencies followed suit. Ethereum is down to $282, a 4.5 percent decline in 24 hours, and XRP is down to $0.395, a 3.4 percent decline in that same period.
So what has changed in the last week? Frankly, not that much.
 SEE ALSO:Bitcoin has quadrupled in value in six months
SEE ALSO:Bitcoin has quadrupled in value in six monthsThe consensus amongst prominent cryptocurrency investors and traders appears to be that Bitcoin has simply risen too high, too fast. Investor Mike Novogratz, for example, called the recent pump a "frenzy," and said he'd sold some of his Bitcoin last Wednesday, and that he wished he'd sold more. Days before the crash, trader Alex Krüger said prices will pull back "eventually." Crypto researcher Jameson Lopp warned about the dangers of Bitcoin going "parabolic."
Even with the price dropping, however, most pundits remain optimistic. Novogratz later said that he thinks prices will consolidate between $10,000 and $14,000 before "next move higher," adding that he's still "very bullish."
Tweet may have been deleted
Krüger, too, thinks the price will "eventually break higher," adding that there is still positive news ahead for the cryptospace, and echoing the oft-heard sentiment that this cryptocurrency bull run will match or surpass the last one.
Tweet may have been deleted
In terms of actual news, nothing hugely negative has happened since Facebook dropped its Libra bomb. Even though the launch of Facebook's crypto platform and stablecoin is likely a year away (or more), banks and institutions are taking notice.
Other than that, the news has been positive. On the Bitcoin front, cryptocurrency exchange Binance has just announced that it's soon launching futures trading, with testing commencing in a few weeks. The Ethereum Foundation has announced "spec freeze" for the major new version of Ethereum called ETH 2.0. This means the code for ETH 2.0 has been finalized, and even though there's still a lot of testing and bug fixing to be done, this makes it more likely that ETH 2.0 will launch on schedule, i.e. in January 2020.
Disclosure: The author of this text owns, or has recently owned, a number of cryptocurrencies, including BTC and ETH.
Featured Video For You
Major U.S. retailers are now accepting Bitcoin and other cryptocurrency
TopicsBitcoinCryptocurrency
相关文章
 - 5 people Tim Cook calls for advice on running the biggest company in the world It's only fitting that the leader of the biggest company in the world has a pretty impressive list o2025-10-31
 吃鮮桂圓有什麽好處指導意見:龍眼有補心安神 、養血益脾之效,但龍眼甘溫大熱,一切陰虛內熱體質及患熱性疾病者均不宜食用。祝好新鮮龍眼的功效與作用是什麽 ?龍眼就是我們平常所說的桂圓,龍眼是一種比較甜的水果,2025-10-31 吃鮮桂圓有什麽好處指導意見:龍眼有補心安神 、養血益脾之效,但龍眼甘溫大熱,一切陰虛內熱體質及患熱性疾病者均不宜食用。祝好新鮮龍眼的功效與作用是什麽 ?龍眼就是我們平常所說的桂圓,龍眼是一種比較甜的水果,2025-10-31
 ?隻要老鼠被黃鼠狼盯上,90%是跑不掉的,黃鼠狼捉老鼠可厲害了,和貓一樣直接鎖喉 。基本上一隻黃鼠狼,一 。黃鼠狼吃老鼠肉嗎?黃鼠狼吃老鼠是老鼠的 。黃鼠狼是吃老鼠的,是老鼠的天敵,它機智靈活的身體能製服比2025-10-31 ?隻要老鼠被黃鼠狼盯上,90%是跑不掉的,黃鼠狼捉老鼠可厲害了,和貓一樣直接鎖喉 。基本上一隻黃鼠狼,一 。黃鼠狼吃老鼠肉嗎?黃鼠狼吃老鼠是老鼠的 。黃鼠狼是吃老鼠的,是老鼠的天敵,它機智靈活的身體能製服比2025-10-31
 剃須刀能帶上飛機?2 、按照規定來說,刀片式剃須刀不能帶上飛機,隻能隨行李托運。除非沒有刀片的,也就是自動剃須刀,可以隨身攜帶乘坐飛機。但是一般來說,機場的安檢不會那麽嚴。刮胡刀可以上飛機嗎?1 、坐飛機2025-10-31 剃須刀能帶上飛機?2 、按照規定來說,刀片式剃須刀不能帶上飛機,隻能隨行李托運。除非沒有刀片的,也就是自動剃須刀,可以隨身攜帶乘坐飛機。但是一般來說,機場的安檢不會那麽嚴。刮胡刀可以上飛機嗎?1 、坐飛機2025-10-31
 - Darth Vader is back. Why do we still care? They saved the best for last in the first official trailer for Rogue One: A Star Wars Story, release2025-10-31
 木地板被水淹了怎麽處理?木地板被水淹了怎麽處理?1.先用幹布擦幹水分,或用吸塵器吸走木地板表麵潮氣。2.泡水情況嚴重,需將整個地板撬起來,然後晾曬一段時間 。3.根據安裝的方式。家裏木地板進水了,怎麽處2025-10-31 木地板被水淹了怎麽處理?木地板被水淹了怎麽處理?1.先用幹布擦幹水分,或用吸塵器吸走木地板表麵潮氣。2.泡水情況嚴重,需將整個地板撬起來,然後晾曬一段時間 。3.根據安裝的方式。家裏木地板進水了,怎麽處2025-10-31

 SEE ALSO:Bitcoin has quadrupled in value in six months
SEE ALSO:Bitcoin has quadrupled in value in six months
最新评论