Open free account

Cryptocurrency

Bitcoin Drops to Sub-$18,000 Levels

December 19, 2017

< 1 min

Table of contents

Bitcoin prices are moving strongly these hours. The cryptocurrency went down by 5.3% today and is now around $17,450, BPI informs.
The entire cryptocurrency market is now worth more than $630 billion and the top 10 cryptocurrencies are up at least 6% today. This is to say that, even though bitcoin went down a little bit, the rest of the cryptocurrencies continue their rally.
So, it’s important to keep in mind that the downside in BTC could be limited. Bitcoin looks like is going for a support-test of $17,500 in the next few hours.
In the meantime, the so-called “altcoins” (alternative versions of bitcoin), continue to rise. A digital currency called litecoin surged 60% last week alone, trading at $341.72. Let’s remember it began the year at $4.33. So, while Bitcoin escalated more than 1,600% in 2017, Litecoin did so but 7,000%.

Trade now

What should you learn next? Turn the wheel to find out!

rainbow circle

4 Companies That Make the World Talk

share

previous post

IQ Option for Beginners: The Full Guide
IQ Option for beginners (How to use IQ Option for beginners)
IQ Option for Beginners: The Full Guide

next post

Candlestick Trading Litecoin – Three White Soldiers
Candlestick Trading Litecoin – Three White Soldiers

Latest posts

IQ Option for Beginners: The Full Guide

22.04.2025

IQ Option for beginners (How to use IQ Option for beginners)

IQ Option Promo Codes: Trading with Benefits 

14.04.2025

Is Trading on IQ Option Halal or Haram? 

07.04.2025

Is trading on IQ Option Halal or Haram

How to Choose the Right Indicator for Trading? 

31.03.2025

How to Choose the Right Indicators

Binary Options Trading Tips: 5 Hacks That Will Save Your Time And Money

24.03.2025

5 Trading Superstitions Fact-Checked

17.03.2025