The President of the United States – Donald Trump – recently imposed new tariffs. The tariffs imposed by the President appears to be a good sign for Bitcoin (BTC) and other top digital currency as many consider them a safe haven from the fate that awaits the fiat. Digital currencies, as well as their bedrock technology – blockchain, – has been eyed with suspicion. However, people have been looking into the matter recently, and this is very good for the digital currency space.
Digital currency projects have been securing massive deals over the past years. A lot of firms and institutions are now adopting the technology. More merchants and businesses across the globe are now accepting Bitcoin (BTC) and other digital currencies as a means of payment. Some banks and financial institutions have also adopted the technology international settlements as it fast, cheaper, secure, and more efficient.
The digital currency market is known for its high volatility. Over the past months, the volatility of some digital currencies has reduced drastically. Some of the digital currencies with less volatility are Tezos (XTZ), Bitcoin (BTC), Bitcoin Cash (BCH), Monero (XMR), and a few others.
Tezos (XTZ) Bags News Big Deals – Tezos Price Prediction 2019 – Cryptocurrency News Today – Cryptocurrency Market Update
Tezos is one of the crypto projects with less popularity but has been achieving a considerable level of success over the past year. The digital currency project has been signing huge deals. Tezos (XTZ) will soon gain support on the Huobi Wallet. Coinbase Pro will also be trading in Tezos (XTZ). The new developer suite of Truffle will be integrated with the blockchain essentials of Tezos. The price trend of the digital currency has also not been bad. Tezos (XTZ) has formed a cup and handle pattern that will close over the $1.85 range. The breakout will push the value of the coin over the $3 and $4 levels. However, if the digital currency plunges below its current support level, it might plunge to a low $1 or 83 cents.
Bitcoin (BTC) Price Today – BTC / USD
Bitcoin (BTC) Surges Higher, Leaving the Altcoins Behind – Best Cryptocurrency to Invest in 2019 – Cryptocurrency Market Update
Among the top twenty coins in the market, Bitcoin (BTC) is the highest performer over the past few days. While Bitcoin (BTC) usually carries the entire market along during a bull run, the situation is different this time around. BTC USD price just broke over the $10k and $11k mark. The digital currency is now very close to the $12k mark. Whereas, other digital currencies are still struggling to stay in the positive zone.
Bitcoin (BTC) has also shown a great level of stability over the past few weeks. The digital currency is currently supported at the $11,500 mark. An analyst gave a Bitcoin price prediction of $15 before the end of this week. If Bitcoin (BTC) continues with this trend, the digital currency might hit that level in the next few days.
Bitcoin Cash (BCH) Replaces Litecoin (LTC) as the Fourth-Largest Crypto – Cryptocurrency Market Update
Bitcoin Cash (BCH) recently took over the fourth position on the list of top digital currencies by market cap, knocking Litecoin (LTC) out of the way. Bitcoin Cash has also recorded less volatility over the past weeks. The digital currency is currently up by four percent over the past day. The immediate support of the coin is at the $335 mark. On the upside, its hurdle is at the $400 mark.