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Cryptocurrency Ecosystem => Bitcoin Forum => Topic started by: S.coastapps on January 06, 2020, 12:54:04 PM

Title: Bitcoin Trading Volume witness Rise amid the start of 2020
Post by: S.coastapps on January 06, 2020, 12:54:04 PM
Bitcoin (https://www.thecoinrepublic.com/tag/Bitcoin), the widely adored digital currency, was adulated by all cryptographic money bulls as it jogged into 2020 with a respectably decent beginning. Regardless of having an amazingly dull recent long stretches of consistent decrease, the cost of bitcoin dipped under the mental $7000 per bitcoin mark in the early long periods of 2020 just before ricochet back up again inside a couple of hours.

This abrupt bounce back additionally expected to have been a side result of the U.S. strike on Iran’s General Qasem Soleimani. The costs bounced by 4% because of the geopolitical circumstance, which appeared to come as an astonishment to a few.

Source: TheCoinRepublic (https://www.thecoinrepublic.com/bitcoin-trading-volumes-looking-gloomy-at-the-dawn-of-2020/)
Title: Re: Bitcoin Trading Volume witness Rise amid the start of 2020
Post by: Altcoin1998$ on January 06, 2020, 05:29:21 PM
Very much appreciate help Post in this purpose. Bitcoin come back with a little pick but it is a little bit comes back. Bitcoin will be bearish soon after the Iran and America problem solved issue. It is a volatile result of unexpected collapse between Iran and US.
Title: Re: Bitcoin Trading Volume witness Rise amid the start of 2020
Post by: damsix on January 07, 2020, 06:15:01 AM
The factor of rising Bitcoin can be assumed by a lot of strange things outside our reasoning mind because this is a must that must have a financial type "decentralized".
See how the effects of America's attack on IRan are able to have a positive effect on Bitcoin. Very sad for Iran but increase of Bitcoin .
Title: Re: Bitcoin Trading Volume witness Rise amid the start of 2020
Post by: Noverteno on January 07, 2020, 06:43:44 AM
Today we have some increase in the price of bitcoin to $ 7880 and an increase in the price of ethereum to $ 143 (according to CoinMarketCap). Here it is directly connected with the aggravation of relations
between the USA and Iran. This, of course, can influence, but probably not so much. Let's see what will happen next.
Title: Re: Bitcoin Trading Volume witness Rise amid the start of 2020
Post by: Fenix on January 07, 2020, 07:40:20 AM
Very much appreciate help Post in this purpose. Bitcoin come back with a little pick but it is a little bit comes back. Bitcoin will be bearish soon after the Iran and America problem solved issue. It is a volatile result of unexpected collapse between Iran and US.
Or maybe the current small growth in the cryptocurrency market is associated with upcoming events to reduce the remuneration for each new bitcoin block mined, which should happen in May? After all, many expect Bitcoin to grow precisely in connection with this event. However, there will be many more factors that will affect the price of bitcoin and the entire market. They will overlap and influence in different ways.
Title: Re: Bitcoin Trading Volume witness Rise amid the start of 2020
Post by: masudginanjar on January 08, 2020, 07:44:20 AM
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Yes, I also see this and this is very risky for all investors around the world because if Iran is really a real war with the USA then all funds in the world could be destroyed.
Binance headquarters or other famous exchanges can be destroyed by missiles in the event of war !!