Analysis currency crypto: Cryptocurrencies

Cryptocurrencies are on the rise once again today as all of the majors are well in the green, and with NEO, Ripple, and Ethereum Classic leading the way higher with double-digit gains. Bitcoin and Ethereum are all above key resistance levels, $4000 and $300 respectively, as the post-crash rally continues to dominate the market. The previous leaders, Dash, Monero, and Litecoin are still lagging regarding the short-term performance, but all in all, the segment continues to heal, and the deep correction left the long-term uptrends unscathed.

Ripple/USDT, 4-Hour Chart Analysis

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Bitcoin 27.10.2017 : Bitcoin Investment Trust Hits $700 as Cryptocurrency Resumes Uptrend

Grayscale’s Bitcoin Investment Trust (OTC: GBTC) posted firm gains on Thursday, as the broader cryptocurrency market resumed its uptrend. // -- Discuss and ask questions in our community on Workplace . Don't have an account? Send Jonas Borchgrevink an email -- // Bitcoin Investment Trust GBTC’s market price per share climbed 4.3% on Thursday to reach $700, according to Grayscale. The index peaked above $1,000 in late August before China issued a blanket ban on bitcoin exchanges as well as the trading of initial coin offerings (ICOs). Bitcoin prices (BTC/USD) were up nearly 4% at last check to trade at $5,883, according to Bitfinex. The coin continues to trade at a premium on Korean exchanges, which has become the norm since the Asian country began widespread adoption of cryptocurrency. At current values, bitcoin’s total market is around $98 billion. The Bitcoin Investment Trust provides a traditional avenue for gaining exposure to the w...

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