The state of crypto currency is very heart troubling but for every storm through the night, a light shines in the morning.
Bitcoin prediction: Cryptocurrency price WILL rise despite fears of collapse
BITCOIN'S price will rise again, investors have predicted, amid fears of a cryptocurrency collapse after the digital currency and its rivals saw values plummet.
By DARIUS MCQUAID
22:04, Wed, Jan 17, 2018 | UPDATED: 11:58, Thu, Jan 18, 2018
Bitpay boss: Market is overreacting to Bitcoin slump
Bitcoin is now valued at $11,008 compared to $20,000 on December 17. Ethereum is priced at $983.98 when just earlier this month it was $1,200.
Ripple breached the $3 mark and made its ex CEO Chris Larsen the fifth wealthiest person in the US. Today it comes in at $1.17.
But despite the fall and fears the bitcoin bubble has burst, crypto investors suggest cryptocurrencies could surge.
Francesco Nazari Fusetti, CEO of AidCoin which allows individuals to track their donations thanks to blockchain technology said: “At present, prices in the cryptocurrency market could, of course, be better, however, the sharp correction that we see now is nowhere near a collapse.