Move Over Bitcoin, Here Comes Ripple
Bitcoin had an incredible year in 2017, climbing by 1318%, according to CoinMarketcap.com. That’s an amazing performance, and it would’ve been even more impressive if not for the last two weeks of the year. Bitcoin peaked at just over $19,700 on Dec. 17, 2017, and then surrendered about one-third of its value over a turbulent two-week period.
Why did bitcoin encounter such a rough ride at the year’s end? Profit-taking is the most obvious explanation; whenever huge profits have been made, profit-taking becomes a concern….339 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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This article was curated from Google News. You can read the original article here.