Bitcoin $BTC

and the other leading crypto currencies and tokens are staging a strong fightback after the rout that saw prices fall around 66% in early 2018.

Interestingly, Bitcoin is recovering slower than the other leading cryptos, such as Ethereum, Ripple, and Bitcoin Cash.

Bitcoin $BTC and the other leading crypto currencies and tokens are staging a strong fightback after the rout that saw prices fall around 66% in early 2018.

Interestingly, Bitcoin is recovering slower than the other leading cryptos, such as Ethereum, Ripple, and Bitcoin Cash.

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In the last few days some cryptos have had remarkable gains, with Bitcoin Cash $BCH leading the charge with a 91% increase in 7 days! EOS  $EOS at 66%,and Monero $XMR at around a 50% increase are others that have really had a good run.

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One wonders whether gold’s decline since the easing of tensions on North Korea and Syria has resulted in hot money moving back into cryptos?  One other possibility is the recent announcements by some of the world’s richest people and institutions that they are finally starting to trade in cryptos has resulted in more money moving into the limited market, and that has pushed up prices?

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Either way, those people that suffered losses are now recoouping them rapidly, and anyone waiting for a dip int he market has now had the opportunity to invest.

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We shall have to wait and see how strong this rally is, will we see Bitcoin over $10,000 soon?