Bitcoin, the most popular cryptocurrency in the world, rises again after a sharp fall in price by ebargains

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bitcoin · @ebargains · Feb 16 '18

$66.79

Bitcoin, the most popular cryptocurrency in the world, rises again after a sharp fall in price

<b>Bitcoin continues to rise in price on Thursday February 15th 2018, reaching 9.7 thousand dollars.</b>

![](https://steemitimages.com/DQmSL4f4hYYJSW5N2Ycu9CtKkCca9c7M3YMYF4fWQEB74Ti/image.png)
[Image source](http://www.fortune.com)

The most popular cryptocurrency in the world, bitcoin, continues to rise on Thursday, reaching 9.7 thousand dollars, according to the data of the auctions.

According to the portal [CoinMarketCap](www.coinmarketcap.com), bitcoin grew in price by 11%, up to 9.773 thousand dollars during the morning trading period. At the Bitfinex exchange, the value of the cryptocurrency increased by 10.4%, to 9.711 thousand dollars, on OKEx - by 11.4%, to 9.682 thousand dollars. And according to the portal Coindesk, bitcoin increased by 2.7%, to 9.736 thousand dollars.

![](https://steemitimages.com/DQmd8gyzYZTDv69Cc3LGxT7ubP4bA54qChGJGRCYUWgDUbr/image.png)
[Image source](http://www.reuters.com)

Other major cryptocurrencies also grew in value. Ethereum increased by 8.6%, to 937.99 dollars, Ripple - by 9.9%, to 1.16 dollars, Bitcoin Cash - by 6.8%, to 1365.78 dollars, according to the data of CoinMarketCap. The market capitalization of the Cryptocurrency, according to CoinMarketCap, is currently 471.57 billion dollars. The market share of bitcoin at the moment is approximately 35% of the whole market of cryptocurrencies, Ethereum - 19%, Ripple - 10%.

After a sharp drop in price during the previous week all the way down to 6 thousand dollars, bitcoin remained steady at around 8 thousand, and now it recovered significantly and grew in price, approaching 10 thousand dollars. 

According to analysts from the [CNBC](https://www.cnbc.com/) channel, the next technical mark is 11 thousand dollars. Such a level, according to the Bespoke Investment Group analysts, is the pinnacle of a longer downward trend, and experts believe that this resistance break will be necessary. The channel rationalizes the dynamics of the cost of bitcoin with increasing interest from new investors.

![](https://steemitimages.com/DQma9a2pTqcuchGBTLM9VJxukyQSmt1uMVrW4bJi8FRaWjn/image.png)
[Image source](https://ripplenews.tech/2018/02/11/bitcoin-makes-32-7-cryptocurrency-trade-s-korea/)

Investors continue to digest news from South Korea. On Wednesday, the channel reported that the government of South Korea plans to pay attention to transparency of trade in the cryptocurrency arena and does NOT intend to prohibit digital money. South Korea also plans to develop ways of taxing cryptocurrencies.
<br>
<br>

<center>![](https://steemitimages.com/DQmUP5a1Biq8FxQZ5gqAenXid2HxwTw5mF2AyZQaVD9HNHp/image.png)</center>

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👍 cryptopassion, postpromoter, ebargains, singing.beauty, estream.studios, cryptobarry, petrmisan, agcoeficiente10, leviarcoin, cryptothoughts, drac59, kujou, jungian.slip, murahhati, hastenot, jacquesross, danyurl, bluereason, miguelit, yenie, mcbk, zullusex, arini, chucknasty

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@agcoeficiente10 · Feb 16 '18

It is about time the BTC started to rise as many investors have put their trust in it for some time now.

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@azianchairinipdc · Feb 16 '18

Nice post..

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@extasispro · Feb 16 '18

bitcoins up upu up o/ @ebargains

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@goal300 · Feb 16 '18

yeah, it's a great news, i am so happy for the rise, i hope it keeps rising though and stays for a long time.

👍 goal300

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@iamanwaar · Feb 16 '18

I'm happy for that hope it remains bullish all along and the crpto currency show London also gives a boost to the accelaration of BTC,also hoping of some more country show support to the BTC at G20 event.

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@jon007 · Feb 16 '18

such a great news for all of them who have been waiting so long to see it back in its place. keep updating everyone about it. Thanks for sharing.

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@jungian.slip · Feb 16 '18

The paradoxical symbol of the moon as source of light and also destroyer of light (sol, sun) is traced through alchemical writings, the writings of Augustine and motifs from Aztec and Egyptian writings.  _BTC_to_the_MOON_

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@murti · Feb 20 '18

I sent it wrong, please send it back @ebargains
![Capture+_2018-02-20-19-00-01-1.png](https://steemitimages.com/DQmZwk2SSCLWD9rxaVgVm99UHRmbYpYz2GtVs9D3EqarW4P/Capture%2B_2018-02-20-19-00-01-1.png)

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@ebargains · Feb 21 '18

I refunded you.

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@postpromoter · Feb 16 '18

re-ebargains-bitcoin-the-most-popular-cryptocurrency-in-the-world-rises-again-after-a-sharp-fall-in-price-20180216t005849836z

You got a 3.32% upvote from @postpromoter courtesy of @ebargains!

Want to promote your posts too? Check out the [Steem Bot Tracker website](https://steembottracker.com) for more info. If you would like to support the development of @postpromoter and the bot tracker please [vote for @yabapmatt for witness!](https://v2.steemconnect.com/sign/account-witness-vote?witness=yabapmatt&approve=1)

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@sabbir42 · Feb 16 '18

$0.09

Man, @ebargains - thank you my brotha. That lifts my spirits. I'm happy I can be of service to you and the community. I just hope nobody else gets hacked! Stay safe my brotha. Stay safe.

👍 ebargains, sabbir42

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@shanto24 · Feb 16 '18 (edited)

$0.09

you are right dear..
bitcoin is the best

Bitcoin is a cryptocurrency and worldwide payment system.[9]:3 It is the first decentralized digital currency, as the system works without a central bank or single administrator.[9]:1[10] The network is peer-to-peer and transactions take place between users directly, without an intermediary.[9]:4 These transactions are verified by network nodes through the use of cryptography and recorded in a public distributed ledger called a blockchain. Bitcoin was invented by an unknown person or group of people under the name Satoshi Nakamoto[11] and released as open-source software in 2009.



Bitcoins are created as a reward for a process known as mining. They can be exchanged for other currencies,[13] products, and services. As of February 2015, over 100,000 merchants and vendors accepted bitcoin as payment.[14] Research produced by the University of Cambridge estimates that in 2017, there are 2.9 to 5.8 million unique users using a cryptocurrency wallet, most of them using bitcoin.[15]

👍 ebargains, shanto24

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ebargains	0 B		14,566,221,166	1%
shanto24	0 B		579,613,625	100%

@sabbir42 · Feb 16 '18

very good @shanto24

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@shanto24 · Feb 16 '18

Hello @ebargains
I realized that you are a good will person..your mind is so high..I feel in always time.. it is my changing in my life... in a middle I need a many contribution ... I hope that I always time help getting for you.. everytime I am following for your post becesue your post imformative for us......

I will try.. I always time.. I followed you and other persons I inspired in your post.

i will always upvote and resteem
enjoy it
💜💘🌹🌹💜💘
your one 100% upvote changing my life

👍 shanto24

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@shanto24 · Feb 22 '18

Hello Dear I request you Please visit this link.. i am sure changing your mind..Thank you💘 https://steemit.com/donate/@shanto24/2kvx4r-please-help-me

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@sonofsatoshi · Feb 16 '18

Great to see greens in the market today! Hope the growth won't be too fast or we may experience a minor correction on a short-term again.

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@steemitboard · Feb 21 '18

Congratulations @ebargains! You have completed some achievement on Steemit and have been rewarded with new badge(s) :

[![](https://steemitimages.com/70x80/http://steemitboard.com/notifications/voted.png)](http://steemitboard.com/@ebargains) Award for the number of upvotes received

Click on any badge to view your own Board of Honor on SteemitBoard.
For more information about SteemitBoard, click [here](https://steemit.com/@steemitboard)

If you no longer want to receive notifications, reply to this comment with the word `STOP`

> Upvote this notification to help all Steemit users. Learn why [here](https://steemit.com/steemitboard/@steemitboard/http-i-cubeupload-com-7ciqeo-png)!

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@xsid · Feb 16 '18 (edited)

I wrote an article on the changing perspective and different emotions experienced each time bitcoin has reached $10K. Please, have a read!
https://steemit.com/bitcoin/@xsid/bitcoin-how-does-it-feel-to-reach-usd10k-this-time

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@yenie · Feb 16 '18

Hopefully the most popular crypto in the world, rising to the highest level, so that all the steemian can feel a pleasure ,, success is always for you ,,

👍 yenie

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@davidmiller · Feb 16 '18

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