Quote from: masterrex on July 05, 2019, 09:43:00 AM

Quote from: Antier Solutions on July 03, 2019, 05:43:01 AM

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.

How could you say that the cryptocurrency market recovery is due to the Announcement of Facebook,s cryptocurrency called LIBRA, Lets get some summation of the previous news why the cryptocurrency was bouncing back specially the Bitcoin, The main reason its because of the institutional Investors that was pouring a new capital to the market and its not because of the Facebook cryptocurrency libra.

There are articles that telling Facebook Libra coin to be launched are causing Bitcoin's surge in previous weeks but this in my opinion is just speculation since there are a lot of events that affects the price of Bitcoin and altcoins. Perhaps reading such articles are helpful but we should keep in mind that not everything they are telling are acutally true; sometimes it's biased.