Cryptocurrency prices analysis and forecast – 16 November 2018
BTC/USD
BTC/USD is being traded at $5,654 and trying to start the correction. On November 14 and 15, the crypto market experienced a serious fall, as a result of which the market capitalization fell by $27 billion, falling from $210 billion to $183 billion. The price of Bitcoin fell by 11% after it lasted around $6,000 for almost half a year, reaching the lowest volatility from August to November. The unexpected fall, which has been associated with the Bitcoin Cash fork (but there is another theory), has affected the traditional financial sector, especially large companies that are associated with cryptocurrencies. Shares in the US market related to the blockchain also fell on Wednesday. Ideanomics Inc. fell by 49%, which was the biggest ...
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