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NEW YEAR BITCOIN PRICE RISE......And Altcoin Decline - Watch your Coin

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The cryptocurrency market experienced a powerful drop last Friday and Saturday, which continued yesterday throwing some of the Coins in 30%  value loss, with only a few of the top twenty by market capitalization displaying growth.

Bitcoin, on the other hand, has maintained its Friday high of $15,266, as it trades at press time for $15,232.82. The past two weeks have been very volatile for the original cryptocurrency, as it has achieved an all-time high of $20,000 on Dec. 17, 2017, only to hold it for a single day and consequently lose about 32 percent of that value, as of press time.

Stellar, Ethereum and Ripple are the leading Coins at press time in an uncertain market. The latest fall seems to be the continuation of a trend that has made the crypto market increasingly unpredictable as Traders hardly go to bed with their two eyes closed as the price fluctuation in the market could hardly be predicted.


Overall, 2017 was good for many Coins other than Bitcoin, with Stellar Ripple and al,ost all the penny Coins gaining hugely in the fourth quarter of 2017 to an all-time height at the close of the year.  Ethereum, rose from mere $8 to its own all-time high of $750 and beyond, and so far it seems to be maintaining that dynamic.

As of press time, most cryptocurrencies have either started growing or slowed down their downward trends.


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