Bitcoin, Ethereum and Ripple are Moving Higher
Last week was a rough week, short sellers were out in force on Bitcoin and fake news abounded, this week with the hysteria settling and a strong recovery, short sellers will be covering and the general public will be less fearful of the fake news from last week.
This should lead to a solid recovery in prices of Bitcoin, Ethereum and Ripple. All 3 took a beating but have rebuilt a good base and look ready for a move higher.
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Bitcoin fell as low as $9,199.59 on Wednesday morning, but bounced back to $11,702.74 as of Thursday at 12:00 p.m. ET, according to CoinDesk, which tracks prices from cryptocurrency exchanges including Bitstamp, Coinbase, itBit and Bitfinex. It was up 5 percent in the last 24 hours. The red-hot digital asset also broke the $12,000 level and has held that level over the weekend, there will be buying in the futures market on Monday morning.
Etherium has traded well over the weekend and is looking to recover strongly, Ripple has done just as well and expect it to have a good week.
G-BIT is a cryptocurrency that is based off of the principles of a central bank. In short, it was created to help the investor obtain wealth. It’s the only coin with two planned forks that increase an investor’s coin count. The new crypto is starting to gain momentum at every level.
The following example is a representation of how the G-BIT forks work based on the minimum investment of $1,000 for founders coins using the current G-BIT price for value.
G-BIT founder’s coins are available and can be purchased with a minimum investment of $1,000 for 40 coins @ $25 per coin. Each investor must fill out an application for founder’s coins before the coins can be issued.
Got questions on Bitcoin, Ethereum, Ripple or BitConnect? G-BiTX has the answers, the company has launched a channel on Telegram to help people navigate the world of CryptoCurrencies.
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