Cryptocurrency Hits High Ends Suddenly As the Stock Market Begins Trading
Added: (Thu Nov 01 2018)
Pressbox (Press Release) -
The biggest and strongest names in cryptocurrencies reached a strong ground today as tether, a token designed to be linked to the U.S. dollar, fell more than 2.3 percent.
Ether, Bitcoin and XRP, are the three biggest cryptocurrencies on the current market and today rose by around 7% higher…Bitcoin went from €5,440.47 to €6,245.05 when the market first opened today around 8am London time.
Sarah Doherty from LupusCoin (www.lupuscoin), “compared to last month where the stock market shed billions in capitalization, this is a great turn of events.”
“When you see a token like Ether dropping more than 2.3%, it means there is availability for other tokens to make their way to the top of the chart,” says Mrs. Doherty LupusCoin.
The high end cryptocurrencies out there are still well off their record highs, bitcoin off by more than 66 percent compared to previous figures , XPR has dropped down more than 88 percent and tether as mentioned above down 84 percent, and could drop more.
Many people have been questioning whether or not if Ether was created to manipulate the price of Bitcoin. Many people nowadays are questioning the motives behind it and wondering if it can hold a stable value, and perhaps make the decision to remove their funds while they can and shift their investments to other cryptocurrencies while they still have the chance.
Mrs. Doherty from LupusCoin says. “We have recently launched LupusCoin which is an ICO backed up by a short term letting meaning we are now able to facilitate investors of all sizes investing not only in rental properties, but also receiving an income via the dividends produced from property rental.”
For more information on LupusCoin, please click the following link: