Cryptocurrency Market Up as Bitcoin and Alt Coins see Gains

Enter The Crypto > Alt Coin > Cryptocurrency Market Up as Bitcoin and Alt Coins see Gains

Trading of Bitcoin Futures is now live. This has caused the price of Bitcoin to continue to rise. It is still too early to tell whether Bitcoin Futures will ultimately benefit the price of Bitcoin or whether it will slow down its growth as investors can now opt to ‘short’ Bitcoin.

 

However, the majority of the Crypto’s have seen their prices increase today. Litecoin has seen gains of over 30% in just 24 hours! The creator of Litecoin, Charlie Lee stated in a recent interview with CNBC that he believed the Crypto market is the biggest threat to the US Dollar, as Crypto’s can be used in day to day transactions.

 

We are already seeing Bitcoin Debit Cards which can be used the same way as fiat Debit Cards. We are also seeing more and more Bitcoin Cash Points.

 

Litecoin Chart

 

Bitcoin is currently trading at $17,300 up by 14%

Bitcoin Cash has seen gains of over 7%

Ethereum is trading at $473 – up by over 5%

EOS has seen gains of 15%

 

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We are not investment or financial advisors and are here to provide news and our opinions. Please be fully informed regarding the risks and costs associated with trading the financial markets and the Cryptocurrency market, it is one of the riskiest investment forms possible.

 

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