bitcoin price declines

4, while Ripple decreased. Bitcoin price is slowly declining towards the 3,680 USD and 3,650 USD support levels. Businesses all around the world, including small shops and merchants, are adopting bitcoin and other currencies as a means of payment. Additionally, payment processors are working with cryptocurrencies trying to spread their benefits.

The current market cap of all global stock markets is around 100 trillion USD. Bitcoin Cash and Stellar were into the red with a drop.2 and.1, respectively. At the moment of the statement, Bitcoin was traded over 11,000, days later it reached the lowest point in months when it was displayed in cryptocurrency exchanges under 6,000 dollars. Some Internet users are sure they have to reach 50 USD to get back on track and start earning. Thats a reasonable figure, to be sure, especially with BTCs parabolic price performance in Q3 and Q4 2017. Theres still quite the mountain to climb for the crypto market to get even close to hitting 100 trillion. Brian Kelly, head of BK Capital Management (LLC is sure that Litecoin can reach 500 USD or even 600 USD by the end of the year. Now, McAfee thinks 1 million per bitcoin will be reality by the end of 2020. If this reality were to materialize down the road, that would put each BTC around the 390,000 price point. Following todays depreciation, the total value of the cryptocurrency market dropped by 126.459 billion USD.

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