Bitcoin & Iota: BTC cracking $ 11,000 - Bitcoin & Blockchain 2

Bitcoin & Iota: BTC cracking $ 11,000 – Bitcoin & Blockchain

Bitcoin & Iota: BTC exceeds $ 11,000

(Emden-Research.com – 18:00 clock) – Cryptocurrency Bitcoin has exceeded the mark of 11,000 marks this weekend. On the Bitstamp trading platform, the price reached $ 11,000, the highest level in two weeks. On a weekly basis, the digital currency gains 12.31%. It seems that the US Federal Reserve and Donald Trump have helped the crypto markets get out of their summer hole. Since the fall in interest rates by the Fed, crypto-currencies have become more attractive than unitary certificates. In the context of a growing trade dispute between the United States and China, investors are protecting themselves against risks and directing supposed safe havens such as bitcoin or gold. The US president announced Thursday night new punitive tariffs on imports from China.

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The content of this market comment is presented for information purposes only. They do not constitute an independent financial analysis, financial advice or investment advice, nor should they serve as a basis for an investment decision. The content should never be understood to mean that Emden Research recommends or considers as appropriate the acquisition or disposal of certain financial instruments, a specific time for an investment decision or strategy. specific investment for a given person. In particular, the content does not take into account the individual investment objectives or the financial situation of the individual investor. The ratings, estimates and forecasts reproduced in the content reflect the subjective opinion of the respective author or source quoted, are subject to change at any time and without guarantee. In no event will Emden Research be liable for any losses you incur, directly or indirectly, as a result of an investment decision made based on the content.

Bitcoin & Iota: BTC cracking $ 11,000 - Bitcoin & Blockchain 3

TIMO EMDEN, MARKET ANALYSIS (B.A.)

Timo Emden has a degree in Business Administration, B.A. and a Market Analyst. For more than 12 years, he has been dedicated to global financial markets, particularly cryptographic assets. In the past, he has worked as a market analyst for renowned brokers FXCM and IG, as well as for the German boss of DailyFX. His appreciations are based on the mapping technique and the feeling – he nevertheless considers important fundamental events as significant. As a market expert, Mr. Emden is a privileged interlocutor for television, press and radio.