No Crash for Bitcoin, Bears Defeated while Crypto Market making Recovery

in #cryptocurrency6 years ago

Bitcoin bears are yet again defeated as the majority of the market is in the green while the crash being detected and patched before even it make it to the release. While Bitcoin has crossed $6,400 level, XRP, EOS, TRX, and ETN are making substantial gains among the altcoins with total market cap jumping $200 billion level.

Bitcoin crash? Jumps $6,400 mark
After a sharp decline to $6,100 mark yesterday, Bitcoin took an equally sharp hike and reached over $6,500 level. At the time of writing, Bitcoin has been trading at $6,430 while being up by about 2 percent. As you can see in the chart below, today’s price range has been between $6,371 to $6,460.The daily trading volume of world’s leading cryptocurrency has also taken a surge at $4.2 billion with a market cap of $111 billion. As for the BTC dominance, it has taken a slide and hit 54.7 percent.

On another front, recently, a flaw has been detected that was successfully patched by Bitcoin core developers who released a new software version. The flaw could have been easily exploited and led to a disaster but the developers reacted quickly and the bug didn’t even make it to the production release.

Bitcoin Core Project

@bitcoincoreorg
Bitcoin Core 0.16.3 was released: https://lists.linuxfoundation.org/pipermail/bitcoin-core-dev/2018-September/000060.html
Upgrade recommended due to vulnerability fix

11:26 PM - Sep 18, 2018
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As stated by Andreas M. Antonopoulos, the track record of the most popular cryptocurrency is simply the best.

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Hi @andi50, I'm @checky ! While checking the mentions made in this post I noticed that @bitcoincoreorg doesn't exist on Steem. Maybe you made a typo ?

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Coins mentioned in post:

CoinPrice (USD)📈 24h📈 7d
BTCBitcoin6437.276$1.61%-0.73%
EOSEOS5.306$4.53%1.05%
ETNElectroneum0.007$32.2%29.21%
TRXTRON0.021$5.4%4.04%
XRPXRP0.368$14.39%32.51%

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ETH 2339.38
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