Cryptocurrency News Today: Decline in cryptocurrency world continues, Bitcoin cash period begins, Bitcoin action from Japan

Recent developments in the world of Bitcoin: The most speculative currency of recent years, bitcoin is a curiosity for everyone. Here are the latest developments for those who want to invest in Bitcoin…
Bitcoin, which has entered the markets of currencies very quickly and can affect economies of the countries, still has many question marks. Here are the recent developments in the bitcoin world …

Decline in cryptocurrencies continues

In particular, bitcoin, which marked a significant upsurge at the end of 2017, declined with the arrival of the new year. This affected the crypto pay market in the negative direction. Bitcoin, which entered this week very quickly, seems to have lost value after profit sales. Bitcoin, which has the highest volume at 1591 crypto-denominated markets, has experienced a 2.53 percent increase in recent days. So it rose to 9.46 dollars. However, with the instantaneous downturns, the market volume stood at 38 billion dollars.

Name Price24H (%)
Bitcoin (BTC)
$19,134.66
1.17%
Ethereum (ETH)
$1,343.21
4.55%
XRP (XRP)
$0.494211
-0.02%
Litecoin (LTC)
$55.02
4.11%
Bitcoin Cash (BCH)
$120.78
4.61%
Bitcoin Gold (BTG)
$21.19
1.72%

Bitcoin cash period begins

Bitcoin, which can be used in day-to-day operations by users in cities like Paris, Atlanta and Toronto, can now be used in more cities with Bitpay. US-based cryptographic currency cash payment system According to the statement made by Bitpay, this currency can be used electronically or in cash. BitPay and BitCoin can be counted according to the choices of users.

Name Price24H (%)
Bitcoin (BTC)
$19,134.66
1.17%
Bitcoin Cash (BCH)
$120.78
4.61%

Bitcoin action from Japan

Japan, which has one of the most important economies in the world, took action for Bitcoin. Japan, which is warmly welcomed to the crypto currency market, has created a regulatory body on the market to provide supervision and trust. 16 companies may be included in this regulatory organization. One of them will be Bitcoin. Japan aims to increase investment in cryptographic currencies and to provide a safe environment for users in this regard.

Market volume is more than 400 billion

US-based international banking and financial services company JPMorgan Chase & Co said that Bitcoin’s combined market share with the total cryptographic currencies is more than 400 billion dollars, indicating that the fight between cryptographic currencies and the financial system in force is a struggle. Bitcoin’s biggest share in this segment is 38 percent. It is said that this amount is a figure that should be taken into consideration for the country’s markets. According to experts, with Bitcoin Gold, this number will increase even more.

Disclaimer: The information on this site is provided for discussion purposes only, and should not be misconstrued as investment advice. Under no circumstances does this information represent a recommendation to buy or sell securities.