Obviously, the situation in Syria, as well as the overall picture of the US-Russia relationship, proved to be positive. CryptoLook
prices jumped sharply on Thursday, driven by a 17-percent rise in
bitcoin, breaking two borders - from $ 7,000 to $ 8,000, only within the
day, Bloomberg reports. This
happens when, just over a week ago, the value of the most popular
digital currency sank to its lowest levels in five months. After the sharp jump in the morning, the price still dropped, and at
the moment bitcoin trades around $ 7,700, according to Coindesk.
Bitcoin achieved impressive growth last year, reaching a record value
of nearly $ 20,000 in December 2017. It then began to sink a bit.
Today, thanks to the surprising leap of bitcoin movement, there were other crypto-louds and the whole market grew. EOS rose the most, rising 27% in 24 hours and 53% per week. "Serious money is already on the market," said Jeffrey Van de Leumput, a Cryptocampus analyst. He
shares how he was only asked a few days ago to transact 200,000 bitcoin
for Chinese buyers, not to mention the entry of George Soros on the
market. "Now we will see the start of the real bubble," Lehmut also predicted.
At the same time, there is a serious drop in the price of the ruble. The
Russian currency is experiencing its worst week in 1999 - since then,
its rate has not fallen as fast as it has been over the past two days. This was noted earlier today by the Financial Times, after a 2% drop
from the start of the day, which continued later because of US President
Donald Trump's warnings of a missile attack on Syria.
The
Russian currency lost 2.4% of its value only to around 14 pm Bulgarian
time today, reaching (prior to Trump's comments) 64.68 rubles per dollar
- 10.3% less than last Wednesday, and only in the late hours of the day
began a slight recovery .
This decline is bigger than in 2014, after the Crimean crisis and oil shifts are priced. One dollar was not sold for more than 65 rubles from 2016 onwards -
even at the height of the Ukrainian crisis, the weekly drop was never
more than 10 per cent, Reuters reported.
According
to the agency, one of the billionaire companies has received in-house
approval for trading with Crippot assets - assets that traditional
finance managers have avoided so far due to limited industry experience,
lack of regulation and instability. Adam
Fisher, head of Soros Fund Management's macro investment, has received
approval but has not yet made any investment in Crippto assets,
Bloomberg writes, quoting people familiar with the matter. Allowing
the fund to trade with cryptoLight comes at a time when Bitcoin's
price, which is scoring as a marker on the entire currency market for
crippled currencies, declined significantly in 2018. On Friday,
Bitcoin's value was about $ 6,600, well below the maximum reached at the
end of 2017 of nearly $ 20,000. In the first three months of this year, crypto funds, which invest
directly in a number of crunch assets, lost an average of 52% of their
value, according to
About 167 funds related to crypto-clay were found in 2017, according to Autonomous Research, and 20 were opened this year.
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