Miss the ICX trade? Think again? ICON Levels
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/latest/2018/08/bitcoin-btc-price-surges-past-7000-once-again/
Bitcoin (BTC) has recently surged past the $7,000 mark, according to data from
. After an extended bear market, which has seen cryptocurrency prices decline sharply from their all-time highs in December of 2017, the digital currency market as a whole also seems to showing some signs of recovery.
While it might be too early to consider these positive price movements to be the start of a bull run, it’s worth noting that
price did drop below $6,000 around mid-August. The world’s most dominant cryptocurrency, however, is now currently trading at $7,012.11 at the time of writing.
As bitcoin’s price has started to rise, some altcoins are making even more substantial gains.
on August 26th that, NANO, which is referred to as “the new global currency”, saw its price surge by as much as 84% in the past week. This increase in the coin’s price may be due to the Nano foundation recently announcing that former vice president of Foreign Exchange at Citibank, Andy Woolmer Icon Price Analysis , had joined NANO’s development team as their first official advisor.
Meanwhile, ICON (ICX), often referred to as the Ethereum of South Korea, also recorded
ICONLOOP Icon Price Analysis , ICONLOOP, being chosen to participate in a South Korean government program. Reacting to the news, ICX’s price shot up by over 20% within 24 hours following the announcement to around $0.96 (from previous lows below $.50).
In other Bitcoin news, Jordan Ross Belfort, a former US stock broker charged for orchestrating pump-and-dump scams that resulted in $200 million in losses for numerous investors,
that the same approach he used to scam people is “exactly what’s happening with bitcoin,” adding that:
The whole thing is so stupid, these kids have gotten themselves so brainwashed.
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