Forex Videos

The bitcoin hit a fresh all-time high above $10,000. Analyst predicted that the cryptocurrency will reach the historic maximum a little later. However, it happened earlier than expected. Today, the bitcoin is trading above $10,700. In the early trading session, it rose by almost 10%. Experts are sure that the cryptocurrency will continue its rapid growth. Meanwhile, the concerns of investors is that it is just a bubble which is growing. The bubble can burst at any moment and the consequences will affect not only the market of virtual money.

Oddly enough, the Ethereum is not as popular as the bitcoin, but it also demonstrates the bullish trend. Today, the second biggest cryptocurrency is trading at $471.40. Meanwhile, the S&P 500 closed the Tuesday session with a 1% advance to 2,627.04. The index went up after reports that the Senate is to vote early on the tax reform. Experts note that market participants are not ready to take their savings from the stock market to buy cryptocurrencies. Most investors warn traders against such speculations.