Post
Topic
Board Speculation
Re: rapidly increasing price
by
MadGamer
on 01/11/2016, 12:33:04 UTC
Two weeks ago btc was around 640$, yesterday I checked and it was 705$ and today it's 720$.. It jumped up for 80$ in period of just a couple of weeks. What are your thoughts? Will it continue to rise like this, at what point will it stop going up and whats the cause of the sudden price jump

It's related to altcoins with one way or another , If you look at CoinMarketCap you will notice that each time Bitcoin goes UP , altcoins goes Down there is only a few of them that keep the price or increase with BTC too and same thing when BTC goes down , the alts goes up.