Bitcoin shows Christmas dive

Bitcoin shows Christmas dive

The price of the popular cryptocurrency bitcoin was heading south on Christmas morning because it faced the aftermath of its greatest volatile period.

Christmas morning, bitcoin hit $14,090, as Markets Insider informed.

The cryptocurrency had dived approximately 1.1% of its value for the last 24 hours.

The movement happens to be a moderate loss after much sharper revenues earlier in the week, when this cryptocurrency declined from an all-time maximum of $19,843.

Its value has decreased more than 30% in a single week following a steep depreciation that started around December 17 and 18.

The currency briefly dived below $11,000, losing almost half its value in a couple of days.

After this bitcoin overleapt $15,000, but since that leapt it has been diving.

Nevertheless, the recent jump and dive still represents an enormous soar in value over the course of 2017.

A bitcoin purchased on January 1, 2017 has managed to increase in value more than twelve-fold notwithstanding the late December sag.

Similar

How to trade the JPY?
How to trade the JPY?

Happy Friday, traders! Are you ready to trade at the end of the week? Here’s what you need to know before you start:

Is Inflation Defeated?
Is Inflation Defeated?

Now traders follow the economic events with new vision as inflation in the US seems like decreasing. Let’s see what releases will influence the market due to that factor.

Who Will Rule the US?
Who Will Rule the US?

The week will have the biggest event in the US political process over the last two years. How will the elections affect the Forex market? We covered the most important news of this week in this report.

Latest news

What Currency Will Overperform?
What Currency Will Overperform?

S&P Global, a private banking company, will release a monthly change in British Flash Manufacturing Purchasing Managers Index (PMI) on January 24, 11:30 GMT+2. The index is a leading indicator of economic health as businesses react quickly to market conditions, and purchasing managers hold the most current and relevant insight into the company's view of the economy.

Deposit with your local payment systems

Feel the Team Spirit

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.

Callback

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!

Beginner Forex book

Beginner Forex book will guide you through the world of trading.

Beginner Forex book

The most important things to start trading
Enter your e-mail, and we will send you a free Beginner Forex book

Thank you!

We've emailed a special link to your e-mail.
Click the link to confirm your address and get Beginner Forex book for free.

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