Crypto News: Can Bitcoin Prices Reach $5000 Again Without China?

After falling for most of the week like a stone, Bitcoin, the “people's currency,” made a sharp turn upwards on Friday and early Saturday morning, gaining close to 12 percent within 24 hours.

Other cryptocurrencies followed suit. Ethereum also gained close to 12 percent, while Litecoin fared even better gaining close to 19 percent.

That should come as a relief to cryptocurrency investors, especially to those who purchased at much higher price than the current levels, before China shut Initial Coin Offerings (ICO). But is the worst over? Can cryptocurrencies reach $5000 again without China?

Full story at http://bit.ly/2xdbI2f

Source: Forbes

 

 

 

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