The highly volatile cryptocurrency has had a great impact on the market cap and surged about 200% so far this year, despite the latest fall. It still remains well below record highs of nearly $20,000 reached in December 2017, however.The comeback was largely due to Facebooks announcement of its own cryptocurrency known as Libra, which it plans to launch in 2020.
You guys will just create your own news through your opinion and stamp it as if that was exactly the case, what has Facebook announcement gotten to do with the increase of bitcoin of recent. First the project has not been released, secondly, this coin has haters more than the lovers, and moreover, bitcoin had started spiking so high before there was even a rumor that they are planning to launch their own coin.
I have invested so much in bitcoin this year, and I didnt do that because I heard of Facebook and Facebook news never even gingered me for once to put more money in the coin. So you better not link the progress of bitcoin to this Facebook coin that is still faceless for now. Till the coin is being released before we can see any of its impact on the cryptocurrency market in general.