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The major coin price will increase this week – Will Bitcoin catch over $4000?

The experts and analyst of Cryptocurrency are making assumptions that this week’s cryptocurrency market is going to show some good movement and chances are that they the prices of major crypto coins will increase. On Saturday, February 9, as per the data of Coin360, the major cryptocurrencies are going through some increases and decreases in the market. Bitcoin (BTC) is keeping its position firm at $3,600 price value. It has increased by $200 in value on Friday, February 8, having a Bitcoin trading value of $3,691 weekly-high all day and then holding still on the trading value of around $3,660.

Stellar and its coin XLM token, Binance coin and Litecoin has been recovering in their market prices. The experts are forecasting that Bitcoin will mark up to $4,000 this week in this market increase. The top 20 coins of the market are recovering and they are holding their increase firm in the position. Litecoin has been increased by 33 percent this month. Stellar is growing by 12 percent and it keeps moving forward because of acquiring by Borsenmedien  AG a Germany media company.

Now when Bitcoin is trading at $3,660 then experts are predicting that it can reach up to $4,000 in late February. The Bitcoin is trying to hold its position of more than $3,900 mark which the next big action for the major and most influential cryptocurrency in the market. When the last time Bitcoin marked $4,000 it holds its position for only 24 hours and fell down at $3,800. If this week as assumed by the expert Bitcoin reached up to $4,000 and holds it for extended amounts of time such as other coins are doing in the market, it could be a large increase in the cryptocurrency market.

 

 

About Arushi Dubey

Arushi Dubey is a student of Bachelor in Arts( Psychology). She is pursuing Psychology in arts with English literature and French Language. She is well versed in the English language. She is good at expressing her thoughts into words. She is still getting more and more trained in gathering knowledge related to Crypto Currencies and expressing them.

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