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Cryptocurrency Analytics from FXOpen. 07/01/2016

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andref

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Bitcoin jumped about over $20 dollars today, from $429.59 to a high of $451.05. Everyone’s favorite cryptocurrency is currently quoted at $449 dollars flat. But smaller altcoins are lagging behind. Namecoin is up 3 percent while Peercoin is only higher by just under 2.5 percent today.

Namecoin up 3 Percent

Namecoin had a couple of close calls with the 40 cents level earlier in the week. The pair dipped to a low of $0.404 on Saturday. But the coin has since bounced back somewhat, mainly propped up by bitcoin’s move higher. The alternative cryptocurrency is trading higher by 1.3 cents to $0.422 or +3 percent today. Read More https://blog.fxopen.com/bitcoin-jumps-peercoin-lags-behind/

Posted on January 7, 2016 at 10:09 AM
Last Edited: January 7, 2016 at 10:09 AM

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• Dr.Forum

  

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  Bitcoin is one of the well established cryptocurrency that we have today. Its performance therefore will always affect how other coins are performing. This year, i do believe that bitcoin will be stabilizing and it will be a great opportunity for the subsequent coins since they will follow the same trend. I am also happy that the price is improving and we can smiling at the investment we are having. I had lost hope and knew the coins will decrease the price to a very low one. But when you see it behaving this way, it is very promising.

  Posted on January 8, 2016 at 9:53 PM
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