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Friday, June 2, 2017

Top Altcoins Surge As Bitcoin Price Crosses $2400 in Sign of Recovery

Top Altcoins Surge As Bitcoin Price Crosses $2400 in Sign of Recovery

At 11:00 GMT+2 on Thursday, the pioneer cryptocurrency Bitcoin crossed the $2,400 line by appreciating 10.22 percent and recording a market price of $2,419. The aftermath of last weekend's panic has seen the price going up and down like a pendulum.

But this morning robust growth has returned to the cryptocurrency ecosystem. There are talks of Chinese exchanges resuming withdrawals and if that is the case then it is a good omen for the industry.

For almost four months now, Chinese exchanges have suspended Bitcoin and Litecoin withdrawals.

This was supposed to last for just a month when the directive came from the People's Bank of China (PBoC) in February.

Full story at http://bit.ly/2rxnyBL

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