Thursday, November 29, 2018

Bitcoin Rally

Many in the financial world this week were claiming Bitcoin was “dead” after it hit its 2018 record lows this week. What they didn’t predict was a Bitcoin rally. On Sunday, the world’s first digital currency hit just above $3,600 a coin, which is the coin’s record-low this year.

Bitcoin hadn’t seen below $3,700 since mid-September 2017, and this past week, the cryptocurrency was down almost -40% for the month. However, on Tuesday night that all began to shift.

Bitcoin Rally

In around 60 minutes, Bitcoin jumped up in price over $200. While this isn’t the ...

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