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Thursday, 18 April 15:20 (GMT -05:00)



Foreign exchange market

Experts Predict Bitcoin Move Above $10K


 

This week Bitcoin may come close to the psychological level of 10000 USD/BTC and break above it, some international experts say.
 
However, according to CoinMarketCap, Bitcoin was going down yesterday. In particular, the world’s first digital currency lost 2,35% of its value during yesterday’s trading session by going down to 8648 USD/BTC. Earlier today, the move continued and the exchange rate dropped down below 8500 USD/BTC and then below 8400 USD/BTC. Now it’s trading close to 8300 USD/BTC.
 
As always, the BTC exchange rate has been seriously affected by the international news background. Last week, during the recent G20 summit, many of the G20 regulators agreed to work out their own rules for regulating the cryptocurrency market within the next few months. It’s interesting to note that the G20 finance ministers and central bank governors refused to give Bitcoin the status of a legal payment means. For now, Bitcoin is just another financial asset to them. However, the summit participants also gave the world to understand that Bitcoin wasn’t threatening the global economy, which is definitely a positive sign for the global cryptocurrency market.

There were some other news affecting the BTC exchange rate, including the SEC’s investigation into dozens of ICOs, as well as the Bank of Japan’s warning to Binance about the necessity of getting a license if the exchange still wants to work in this country, and so much more.

At the same time, NordFX experts report that all of those news made Bitcoin go flat, not to mention the reduced amount of sell offers. All of that can be seen as the rise of the bullish sentiment in the market.

 

 

 

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ETH's At Local Highs: What's In For Ethereum And ICO?

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Publication date: 17 April 10:42 AM

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Weekly Forex and Crypto Prediction by NordFX. Mid-April 2019

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Publication date: 09 April 11:01 AM

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Near-Term Predictions for Russian Ruble by FortFS

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Publication date: 03 April 10:16 AM

Billionaire Predicts Major Rally for Bitcoin

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Publication date: 26 March 12:32 PM

Alpari Eurasia Joins Belarus Association of Financial Market Development

 In order to stay ahead of the rivals, forex companies have to keep on improving, introducing new products and services, innovating, expanding their presence in the global market. Alpari has reported about joining the Association of Financial Market Development in the Republic of Belarus. The decision was made on March 2019, given Alpari's significant contribution to the development and improvement of the local forex industry.

Publication date: 14 March 12:31 PM

NordFX Shares Forex and Cryptocurrency Forecasts for Mid-March 2019

The situation in forex, which is the international currency market, has always influenced many other fields of human life worldwide. In the meantime, traders and investors rely on accurate forex forecasts to earn money. That is why Market Leader keep on telling you about those weekly consensus forecasts, courtesy of NordFX. In particular, the local expert team has come up with another forecast based on the time-tested approach, which boils down to studying tons of related sources, expert opinions, as well as predictions made based on technical and graphical analysis.
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FxPro Conducts Professional Training for Forex Traders

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NordFX Shares Forex and Cryptocurrency Forecasts for Early March 2019

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Publication date: 03 March 11:09 AM