27 Aug Bitcoin price LIVE: Bullish trend pushes BTC up – is this the recovery bitcoin needed? |…
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DAILY HEADLINES
Good morning and welcome to our rolling coverage of all things cryptocurrency, including price, innovation, regulation and financial crime.
The market floats back into the green this morning, posting positive results as a bull trend moves bitcoin back into the green.
Bitcoin grew 1.27 percent to trade for $6.728.31 at the time of writing, at 9am.
Ethereum jumped 1.54 percent to go for $277.92.
Ripple rose 1.86 percent to trade for $0.329328.
Litecoin also increased 1.59 percent to trade for $57.58.
Experts warn that the positive charts could be a calm before BTC plummets again as the market waits for the Securities and Exchange Commission’s decision to ratify a bitcoin, Exchange-Traded Fund.
All timings are in British Standard Time.
9.50am UPDATE: Could BTC drop another $3,000?
Anthony Pompliano, founder and partner, Morgan Creek Digital Assets has predicted that bitcoin could fall as low as $3,000 in a complete turnaround from one of the market’s most bullish…
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