News From The Crypto Currencies Scene

Bitcoin Value Decreasing But Relatively Stable

Bitcoin Value Decreasing – But Relatively Stable

The past week has been good for the Bitcoin, compared to the two weeks prior. Last week the value stabilized once again at around $380-$400, the positivity around the Bitcoin started showing around the communities and overall in the press through companies.


Despite having had some turbulent times lately, the Bitcoin managed to bounce back from its 25% value decrease, doing so very fast. The community showed that they were tired of letting macro traders and negative news influence the Bitcoin too much and started trading the value back up again.


But despite the positivity, the Bitcoin's value still had a minor downfall on Sunday, where it went from around $400 back to $375 on Monday. Hopefully the Bitcoin can bounce back fast and continue its rise, since the news has been so overwhelmingly positive lately and more big companies are looking to invest and accept cryptocurrencies.

News by Daniel Allermand
Daniel Allermand - Reporter

Daniel Allermand is a freelance writer, with more than 4 years of experience in the industry as an operator, affiliate and poker player. Daniel has decided it was time to try and bring more coverage about the industry to the general public by writing articles about everything from poker to casino.


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