Cryptocurrency market will continue to decline in the near future – the bitcoin rate can fall to $ 3,900.
At the same time, Ethereum can fall in price to $ 134, says crypto market analysts. According to forecasts, Ripple and Litecoin also expect a decrease in value to $ 0.29 and $ 58, respectively.
At the same time, on the eve of Bitcoin course began to adapt after the decline. The average value of the currency market on Monday, March 25, increased by 0.2%, to a level 4030 dollars.
According to experts, the news that cryptocurrency exchange will appear soon in Vietnam will affect mood investors.
Earlier, the cost of Bitcoin has fallen to its lowest since October 2017. Since then, the popular cryptocurrency has lost around $ 2,000 more. With minor diversions, the Bitcoin rate has fallen systematically since the beginning of 2018, until it reached the psychological minimum for the market – the annual minimum.
As reported by OBOZREVATEL, the enterprise investor Tim Draper is confident that Bitcoin rate will reach 250 thousand dollars by 2022. Christopher Giancarlo, Chairman of the US Future Commodities Trading Commission (CFTC), said that cryptocurris had a future, but they won't compete with the dollar and hard currency.
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