After a series of depressive dips, that Bitcoin was recently going through, the world’s #1 cryptocurrency is once again demonstrating stunning performance. In under two hours it has climbed from $7700 to $8200, adding $500 (roughly 6%) to its value.
Can it be the beginning of a bigger, stronger positive trend? Yes, just as it can be a short-lived retracement, that appeared only to give way to further depreciation. The most recent cryptocurrency price plunge is most certainly caused by the decision of Google to ban all crypto advertising in the foreseeable future.
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