Bitcoin Price Declines; Experts Explain Why
The price of bitcoin has substantially decreased over the past few days after it reached a multi-month high of US$740 on major exchanges. Experts unanimously agree that the price has fallen due to the inaccurate reporting of “capital controls” the Chinese government is supposedly planning to impose on bitcoin. Currently, 95% of bitcoin trades are handled and processed by Chinese exchanges in its local market. Major Chinese bitcoin exchange BTCC alone handles a daily trading volume of 1.9 million bitcoin, which is larger than cumulative trading volume of Japan and US-based exchanges. Since....
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A panel of experts has shared their price prediction for dogecoin for the end of the year as well as in 2025 and 2030. Individually, the experts are divided on the future price of the meme cryptocurrency. Some noted that the price of dogecoin is heavily dependent on Tesla CEO Elon Musk promoting it. Experts Share Price Predictions for Dogecoin Finder, a major product comparison website, published the result of its July 2021 survey on the price prediction of dogecoin last week. To determine if the meme cryptocurrency is “about to jump in price, or has this joke finally reached its....
Bitcoin spent most of the seven days ending 8th April fluctuating between $415 and $425 amid modest trading volume. These developments largely mirrored the previous week, with the exception of the fact bitcoin experienced weaker trading volume compared to the last several weeks. Some market experts sought to explain bitcoin’s relative price stability by asserting that low volatility has sapped the interest of many traders. George Samman, a blockchain advisor and consultant, told CoinDesk that bitcoin's volatility has fallen to its lowest since 2012, and that as a result, "volume has....
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Thirty-five experts have come together to predict the price of ethereum. On average, they expect the price of ether to hit $19,842 by 2025. The majority of panelists say now is the time to buy ethereum while 28% say to hodl. Experts See Price of Ether Reaching Almost $20K by 2025 The “Finder Cryptocurrency Predictions 2021” which was updated Monday predicts that the price of ether will be nearly $20K by 2025 according to 35 experts on Finder’s cryptocurrency panel. The report says: By 2025, the panel expects Ethereum to hit $19,842 on average. The highest forecast came....
A panel of crypto industry experts has predicted that the price of ether will reach $5,783 this year, before rising to $11,764 by 2025 and $23,372 by 2030. Most of the experts on the panel are bullish on ether, with 61% saying now is the time to buy and a further 32% saying you should hodl. Industry Experts Share Ether Forecasts Price comparison portal Finder updated its price predictions for ether (ETH) with its latest quarterly survey last week. The company measures expert predictions for the future price of ether using weekly and quarterly surveys. The latest quarterly survey, conducted....