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Bitcoin A levelled-up By $7k After Six Days

Most people in the stock markets follow friend’s advice or tips from brokers to make their investments. They simply keep investing in the next ‘Hot Stock’, hoping to make a quick buck. But if just investing in ‘hot stocks’ was all it took to get rich in the stock market, then everyone would be wealthy. In fact, many so-called “hot stocks” have actually gone nowhere in the last 10 years or so… So, why is there an outrage and suspicion on bitcoin and other altcoin price???

The leading cryptocurrency bitcoin once again unexpectedly picked up around $6,450 at 16:00 UTC on Monday and rose to $6,850 – the maximum level since June 12, according to Bitfinex data.

As per Coin360 data the crypto markets are continuously on the rise today leading to a gain of $13 billion in an hour after facing disheartening low weeks in the past.

Ethereum(ETH) is also rising, up almost 9 percent over a 24 hour period to press time and trading for around $530.

Altcoin Tron, can be seen on the biggest growth, on Coinmarketcap on a level up of acceleration of 16.5 percent in a time span of 24 hours and trading for about $0.05 by press time leaving behind Tether and Binance coins, down by 0.26 percent and later by more than 2 percent over a 24 hours phase. Tron’s price rise could be connected by the news last week that TRON founder Justin Sun has acquired streaming service BitTorrent for an undisclosed sum. Tether’s adverse growth can be attributed due to the latest reports of its connection with the Bitcoin price manipulation last year.

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CryptoCurrencyUSDChange 1hChange 24hChange 7d
Bitcoin7,059.00 0.09 % 9.02 % 13.39 %
Ethereum232.77 2.72 % 5.83 % 36.69 %
XRP0.368 1.23 % 9.40 % 25.14 %
Litecoin86.51 1.03 % 6.86 % 15.59 %
Bitcoin Cash349.52 1.20 % 10.42 % 23.92 %