Money For the first time since May: Bitcoin rises to over $ 41,000
bitcoin indicators point to the end of consolidation
after the steep price drop in April and May of this year, in which the bitcoin course has almost halved, the crypto currency consolidates the range between $ 30,000 and $ 40,000. However, two indicators suggest that the bitcoin could break out upwards. Lault here a good chance of purchase? © Provided by Finanzen.net Toru Yamanaka / AFP / Getty Images • Bitcoin is located after crash in consolidation phase • Bollinger bandwidth and stock-to-flow model could indicate upswing • Bitcoin community c
the world's most important crypto currency Bitcoin completed a veritable jump on Friday night to nearly $ 42,000 US dollars and now commutes at $ 41,800. Etherum is also clear.
In a seamless movement, the Bitcoin on Friday evening started at around 39,100 dollars starting up to $ 41,780 on Saturday morning at around 39,100 dollars at 10pm on Saturday morning. In this entourage, the crypto market allocated a total of around five percent. This results from data from41.000 mark was last achieved in the second half of May . At the time of publication this article, the Bitcoin continues to be $ 41,800.
It is the first time in about six weeks that it has succeeded in the Bitcoin to exceed the border of $ 40,000. It is even the first time since the third May Week that the Bitcoin could exceed the $ 41,000 dollars.
Bitcoin vs. Ether: Here Goldman Sachs sees significantly more potential
while the bitcoin is still perching at the top, the US large bank Goldman Sachs also measures a lot of potential. As a safe harbor, however, none of these crypto currencies is suitable, here is another asset number one. © Provided by Finanzen.net Hannelore Foerster / Getty Images • Ether could take Bitcoin the rank • Ether with the highest real usage value • Gold remains secure port Bitcoin vs.
experts assume that the expired strong week for the US economy has taken a positive effect on the BTC course. Last week, various large technology companies, including, and published their business reports and demonstrated significant profits.
also in the context of the increase, the expiration of bitcoin options worth 1.5 billion dollars are assessed at the unregulated derivative exchange deribit. This should allow for traders to buy bitcoin a reduced price. Also a positive effect could have reported that the 45 billion dollars had invested heavy US hedge funds Goldentree in Bitcoin.
Last week, there had already been a price increase to just under $ 40,000. He had been triggered by rumors that Amazon could acceptin closer information. After the company , the course had fallen again, but not up to the starting level.
Understanding bitcoin – The most popular digital currency!
Modern technology has reached great heights, and with the rapidly increasing use of the Internet, most things have been shifted over the Internet. Fiat currency is also getting lowly replaced by digital currency or cryptocurrency.
EtherEm is rising by 5 percent
EtherEm is also reflected in the weekend in the upward trend and achieved its highest level with a course of $ 2,479 since mid-June. At the time of publication this article, ETH is $ 2,467.
The increase is not surprised because Etherum is only days before the deployment of the London Hard-Fork, a large update of the Mainnet, which, among other things, is the controversial improvement proposal EIP-1559. From August 4, the transaction fee system is completely reduced byand the change to is further prepared.
Bank of America: El Salvador do with Bitcoin as payment lot right .
has allowed El Salvador to Bitcoin in June as the official legal tender is the first country worldwide. The US banking giant Bank of America considers the plans of El Salvador, as a very positive and sees some benefits for the South American country. © Contributed by Finanzen.net MIKE CLARKE / AFP / Getty Images In June El Salvador became the first country in the world to Bitcoin as legal tender an Bank of America sees advantage through lower transaction costs volatility of Bitcoins poses risks