Bitcoin is nearly intact

Bitcoin is nearly intact

On Wednesday, Bitcoin was nearly intact, extending what’s been rather a quiet spell for the leading crypto asset worldwide.

On the Kraken exchange, the currency pair BTC/USD stuck with $6,280.19, being intact since Tuesday. Year-to-date Bitcoin has lost over 50%. Additionally, it has declined by 67% from its all-time maximum of $19,780 recorded on December 17, last year.

By the way, on Wednesday the world celebrates the 10th anniversary of the first crypto asset as well as the publication of the white paper in which the digital coin’s developer, Satoshi Nakamoto, offered a fresh peer-to-peer payment system, running on an distributed anonymous ledger.

Beyond the leap in the price of the first crypto asset, the cutting-edge technology has provoked a wave of intellectual and financial capital, to what a lot of fans are assured will be another frontier of financial innovation.

No matter how one feels about crypto assets, Bitcoin has started a mind-blowing technological revolution, which will have huge implications for how data is consumed, shared and protected, as some market experts pointed out.

Being believers in the unstoppable nature of advanced technological innovations, and with just 10 years of the development of the promising distributed ledger technology, market experts don’t doubt that blockchain will be of supreme importance soon, and the entire world will have to accept it. However, no one knows for sure how soon it will take place.

Meanwhile, Altcoins along with futures demonstrated minor profits.  

The currency pair ETH/USD managed to ascend by up to 0.2% being worth $195.01. BCH/USD rallied by 0.7% ending up with $416.00. The currency pair LTC/USD headed north by 0.6% showing $48.86, while XRP/USD jumped by 0.3% hitting 44 cents.

In addition to this, November delivery Cboe Global Markets futures XBTX8 soared by 0.1% reaching $6,250, while November delivery CME Group futures surged by 0.2% hitting $6,255.





Will the CPI Crash the USD?
Will the CPI Crash the USD?

 The most impactful releases of this week will fill the market with volatility and sharp movements. Be ready to take action!

USD and GBP Traders Await Big Moves
USD and GBP Traders Await Big Moves

The first week of November promises to be eventful, as we have the Fed meeting, the BOE update, and the NFP release. Read more details here.

Latest news

Fed’s Rate Pause and UK Inflation Slows
Fed’s Rate Pause and UK Inflation Slows

Today's main event for the markets is the FOMC Interest Rate Decision, where the US regulator is widely expected to keep the interest rate at the same level of 5.5%.

Deposit with your local payment systems

Data collection notice

FBS maintains a record of your data to run this website. By pressing the “Accept” button, you agree to our Privacy policy.


A manager will call you shortly.

Change number

Your request is accepted.

A manager will call you shortly.

Next callback request for this phone number
will be available in

If you have an urgent issue please contact us via
Live chat

Internal error. Please try again later

Don’t waste your time – keep track of how NFP affects the US dollar and profit!

You are using an older version of your browser.

Update it to the latest version or try another one for a safer, more comfortable and productive trading experience.

Safari Chrome Firefox Opera