Cryptocurrency Including Bitcoin Ethereum Ripple Pulls Back Up!

Published on February 7, 2018

After the price of bitcoin plunge down to 6000$ on 6th Feb, it seems to rebound again and landed above $8000.

The Market gain for bitcoin is about 24.39% in less than 24hours. The Volume change for bitcoin in 24h is above 12B dollar.

The current market cap value for crypto assist is surge about 400B dollar.

@coinmarketcap

With the price of bitcoin surge, all other coins seem to surge too, showing how valuable and connect these cryptocurrencies are.

Bitcoin price graph for past 30 days

Global Market Cap pulls back after the dip

This might be a good time for investing into cryptocurrency, you might invest this time to gain profit by the end of the year. Keep in mind that you should buy these assets once they fall, I’ve seen many people sell their coin just because they got worried, you should hold when the price falls and consider to buy more.

Charlie Lee founder of LTC (Litecoin) tweeted about the volatility of the cryptomarket and about the litecoin itself.

Now you see how volatile this market is. I wasn’t predicting that LTC will get to $20. I was saying that I’ve seen MANY 90% drops from ATH in BTC and LTC. Those that can withstand such a drop without flinching are the ones with lambos eventually. The others pay for these lambos. https://t.co/ozcR11N68o

— Charlie Lee [LTC] (@SatoshiLite) February 6, 2018

While Few New Blog Twitter

#Bitcoin price forming higher highs and higher lows on 4-hour chart https://t.co/rCysHRxGn8
(Data via Coinbase) pic.twitter.com/R6ZywWFEW4

— CoinDesk (@coindesk) February 7, 2018

“Mother of all bubbles” rises 43 percent from the yesterday’s dip #bitcoin pic.twitter.com/vihszKGir0

— Fercan Yalinkilic (@FercanY) February 7, 2018

No Strong Case to Ban Crypto Trading, Singapore Says https://t.co/EBlx8RTc5h #Bitcoin pic.twitter.com/8bwd4dy3Oq

— Bitcoin News (@BTCTN) February 7, 2018