Ethereum Classic was attacked by 51% - for the second time this week! The network of this project turned out to be extremely fragile, yet the price of the ETC cryptocurrency itself did not suffer, and even increased by 1.24% during the day - why?
Advancements in technology have changed the world forever. Every sector of life has been changed dramatically by this revolutionary change, particularly the entertainment industry which has been altered completely and is unrecognizable from what it was a few decades back.
Many people, especially beginners in the world of cryptocurrencies, ask themselves: what will be the second Bitcoin? Is there a chance for a coin to be created that will overtake the so-called king of cryptocurrencies?
The year 2020 for Bitcoin is primarily a year of halving, but not only it should be reflected in the price of the oldest cryptocurrency. Below you will find 4 reasons for the record bull market this year.
Only 3.5 million BTC is the subject of active trade, and the vast majority, i.e. as much as 11.4 million, serves as a long-term investment - according to the Chainalysis study. Meanwhile, the price of the leading cryptocurrency remain unchanged. Current Bitcoin price is USD 9,398.
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