What the trade war means for cryptocurrency

in #tradewar6 years ago

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The crypto market has been extremely volatile over the past 24 hours, especially small tokens and digital assets, possibly due to the decline in volume in the past week.
Bitcoin’s Weird Movements

Yesterday, on July 21, the price of bitcoin surged from $7,400 to $7,600 in a span of 10 minutes, with a spike demand on major cryptocurrency exchanges including Binance and Bitfinex.

Since then, the price of bitcoin has been very volatile in the range of $7,400, with decent volume and demand. Still, the volume of bitcoin compared to its volume of last week is relatively low, and has decreased by over a billion dollars in the past 48 hours.

With Samsung accepting crypto in its stores and the G20 moving towards unified regulations around cryptocurrency exchanges, the crypto sector has shown enthusiasm towards the long-term growth of the market.

https://www.ccn.com/0x-gains-12-and-tokens-rise-during-volatile-cryptocurrency-markets/
https://medium.com/localcoinswap/what-the-trade-war-means-for-cryptocurrency-149f24fd6697

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