On 5 November our ‘Crypto of the Week’ was Bitcoin Cash; at the time it was priced at just $600, a few days days later it had reached $2,400!
Our ‘Crypto of the Week’ for last week was Ethereum; which at the time had reached $370; it is currently trading at $458.
This week’s most sought after Crypto award, (ok that might be a slight exaggeration) goes to the King of Crypto’s – Bitcoin.
We have tried to avoid giving the award to the most obvious choice, but seen as it is currently at ANOTHER all time high – $9,231, and looking likely to hit that $10,000 target by the end of the year, we had no choice.
Bitcoin really has risen dramatically over the past year, as can be seen by the chart above. There is a lot of money being pumped into the Crypto market at the moment. Just how high this can reach by the end of the year, we do not know. There seems to be no stopping this King of Cryptos at the moment.
Crypto’s that came close
- Ethereum – We expect the increase to continue. A lot of development is taking place on the Ethereum network, it looks very positive at the moment.
- EOS – We have been mentioning EOS for a while now. Eos has risen by 27% today alone. We expect this to continue
- Bitcoin Cash – If you regularly read our posts then you will know that we are fans of Bitcoin Cash. It has seen gains again this week.
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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.