RATE Group | Bitcoin, Ethereum, Ripple, Bitcoin Cash, EOS, Litecoin, Cardano, Stellar, IOTA: Price Analysis, June 06
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Bitcoin, Ethereum, Ripple, Bitcoin Cash, EOS, Litecoin, Cardano, Stellar, IOTA: Price Analysis, June 06

06 Jun Bitcoin, Ethereum, Ripple, Bitcoin Cash, EOS, Litecoin, Cardano, Stellar, IOTA: Price Analysis, June 06

Posted at 19:03h in Bitcoin News by

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The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph.com. Every investment and trading move involves risk, you should conduct your own research when making a decision.

The market data is provided by the HitBTC exchange.

Google Trends shows that web searches for the word “Bitcoin” have plunged about 75 percent in 2018 so far. This shows that most people looking to make a quick buck have lost interest in the cryptocurrency. While this is bad news for momentum traders, it is good news for investors because they can buy at lower levels when most of the froth is out of the markets.

While Apple co-founder Steve Wozniak believes that Bitcoin is digital gold, the famous short seller Jim Chanos, is not fond of cryptocurrencies and doesn’t see any use for them in case of an apocalypse.

Any new disruptive technology always has its share of skeptics. Interestingly, Bitcoin has been “sent to the graveyard” 300…

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