Bitcoin to cross $50,000 & Market Cap could reach $1 trillion this year

in #crypto7 years ago

If you are planning to buy or mine Bitcoins now is a good time to invest.

According to experts Bitcoin prices will cross $50,000 per coin with overall market cap could reach $1 trillion this year.

Recently the crypto market had crashed horribly to a record low. The most popular crypto currency Bitcoin had fallen below $6,000 just 3 days ago, which was valued at $20,000 two months ago.

After the $500 billion collapse in its capitalization the market is slowly stabilizing and the values are expected to reach all new high's by the end of 2018 as per Gatecoin’s Thomas Glucksmann.

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The crypto currency market can be highly volatile. In the past we already have seen immense increase in values of other coins such as Ethereum (ETH) and Ripple (XRP) as you can now see with the recent fall in prices.

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At least thats the forecast we all believe in :D

hope so :)

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Informative.