Date: 3 months ago   Category: Economy

The cost of bitcoin continues to grow - RIA Novosti, 9/4/2018


Souvenir coin with a cryptocurrency bitcoin logo. Archival photo
MOSCOW, 4 Sep — RIA Novosti. The bitcoin (bitcoin) on Tuesday continues to rise in price, analysts expect continuation of this tendency in the next few days, data of the auction demonstrate. According to the CoinMarketCap portal calculating the average price more than on 20 exchanges as of 9:47 Moscow time bitcoin I rose in price for 0,62%, to 7,276 thousand dollars. On the largest on the trading volume to the Binance exchange the bitcoin grew at cryptocurrencies in the price for 0,54% — to 7,297 thousand dollars. Other cryptocurrencies at the same time become cheaper: Ethereum — for 1,53%, up to 285,54 dollars, Ripple — for 1,44%, up to 0,333 dollars, Bitcoin Cash – for 0,26%, up to 625,86 dollars. According to CoinMarketCap, capitalization of the market of cryptocurrencies makes at the moment 236 billion dollars. About 53% of all market of cryptocurrencies fall to the share of bitcoin. "Earlier I wrote that since August 23 the bull phase which will last approximately till September 6-7 has begun. By September 3 I waited for a rate of bitcoin at the level of 7,65 thousand dollars. There is an opinion that at most 7,429 thousand will resist, and the price will be developed down to September 6" — the analyst of Alpari Vladislav Antonov has told RIA Novosti. The executive director of Zichain Sergey Kovtunenko considers that the rate of bitcoin can reach a point of 7,4-7,5 thousand and hasn't excluded repeated testing of resistance in 8 thousand dollars for a coin. "In a week since Tuesday, August 28, the bitcoin has added another 5,4% to dollar, having recorded the second week of consecutive positive dynamics" — Kovtunenko has specified. He has also noted that rejection of risks in the markets of traditional assets, in particular crisis of fiatny currencies of emerging markets, hasn't affected the market of cryptocurrencies – the bitcoin has shown negative correlation, continuing to grow in the price together with increase in demand.

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