- Analytics
- Market analysis
- Market Opinions
- Bitcoin Reaches New 2019 Heights
Bitcoin Reaches New 2019 Heights
The Bitcoin has
reached its highest level so far in 2019, with a hike of ten percent on Monday,
compared to levels on Friday. The highest the cryptocurrency reached was $8,905
– which is a record high so far this year – before retreating down slightly.
The price of bitcoin,
which is the world’s largest cryptocurrency, dropped to as low as $6,600 on May
17, just before buying pressure pushed prices back above $7,300 on the same
day, according to coindesk.
“Since then
the bitcoin price has again jumped by 22 percent, rising above $8,500 around
19:45 UTC on Sunday night and then reaching over $8,700 within half an hour.
It’s currently changing hands at $8,890 per CoinDesk’s price data,” coindesk
stated.
Other coins were also
strong on Monday morning with the Litecoin seeing a rise of almost nine percent
and Ether also rose by six percent.
With TeleTrade, investors
can choose to trade from a variety of 18 Cryptocurrency pairs.
Disclaimer:
Analysis and opinions provided herein are intended solely for
informational and educational purposes and don't represent a recommendation or
investment advice by TeleTrade. Indiscriminate reliance on illustrative or
informational materials may lead to losses.
Warning:
67% of retail CFD accounts lose money.
© 2000-2024. All rights reserved.
This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
The information on this website is for informational purposes only and does not constitute any investment advice.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.
Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.
Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.
Bank transfers
