{"id":2443,"date":"2018-10-15T19:01:29","date_gmt":"2018-10-15T18:01:29","guid":{"rendered":"http:\/\/www.wasteyourtime.co\/?p=2443"},"modified":"2019-09-05T23:22:10","modified_gmt":"2019-09-05T22:22:10","slug":"bitcoin-jumped","status":"publish","type":"post","link":"https:\/\/traders-paradise.com\/magazine\/2018\/10\/bitcoin-jumped\/","title":{"rendered":"Why Bitcoin Has Jumped?"},"content":{"rendered":"

1 min read<\/span><\/i><\/p>\n

\"Why<\/p>\n

On Monday morning Bitcoin has jumped almost 10%. The world’s largest cryptocurrency is back above $6,500. Last week, Bitcoin value seemed to be heading below psychological, $6,000 mark.<\/span><\/p>\n

According to CoinDesk data Bitcoin jumped from $6,222 earlier today, October 15, to early highs of $6,732, adding almost $10 billion to bitcoin’s market capitalization in a few minutes. On some exchanges, the bitcoin price went up to over $7,200.\u00a0<\/span><\/p>\n

According to the\u00a0same source, the sudden rise in the bitcoin price this morning was signaled by a sell-off of the dollar-linked tether digital coin, the only cryptocurrency which was down today. Bitcoin jumped to $7,200 on <\/span>Bitfinex, Kraken, Binance,<\/span><\/i>\u00a0and <\/span>OKEx<\/span><\/i>, which are all platforms that support USDT. At the same time, Bitcoin moved above $6,700 on non-tether-enabled platforms.<\/span><\/p>\n

To understand the nature of Bitcoin READ THIS: MONETIZING BITCOIN \u2013 THE TECHNOLOGY BEHIND BITCOIN AND ITS USES\u00a0<\/a><\/p>\n

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