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Showing posts from July 16, 2018

Bitcoin Reclaims $6,600, Altcoins Gain up to 9% Today as ETF Giant BlackRock Eyes Crypto

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By Marie Huillet Crypto markets are on an upswing today, July 16, as data from  Coin360  shows, with  Bitcoin  (BTC) reclaiming the $6,600 price point. Today’s notable market growth is likely bolstered by  news  that the $6.3 trillion asset management heavyweight BlackRock –– the world’s largest provider of exchange traded-funds ( ETF ) –– is beginning to assess potential involvement in Bitcoin, according to reports from Financial News. Market visualization from  Coin360 Today’s solid market gains are poised to turn around negative momentum that has thwarted price performance since  market descent  that began July 10. Yesterday saw the first  signs  of a budding positive trend, and as of today, virtually all of the  top 100  coins by market cap are seeing significant growth on the day to press time. Bitcoin is trading around  $6,607 , up a little over 4 percent over the 24-hour period to press time. The top cryptocurrency gained over $200 in the space of a few hours thi

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