Crytpo Update- Top 10 Coins : 07 June 2019
Hello everyone
A Happy Friday to everyone.
Currently Bitcoin prices below 8000 US dollar and this price of BitCoin has fall down by almost $1000 within few days.
This is the snapshot taken from @coingecko android app.
Current Market cap is 255 billion USD and Bitcoin is trading below USD 8000. Out of the top 10 coins Litecoin (LTC) has done fantastic and grown up by 12.5% and even ntire market is green today.
Even if the price is in dip by 1k USD but those who has long term vision then nothing to worry about.
This is very known pattern of this cryptocurrency market and price just don't go up continuesly.
Going up and down is the trend of market.
After LTC price movement XRP is the next coin which perform well in last 24 hours. XRP is up by 7.2% and trading at $0.42 thereafter ADA and XLM coins also gone up by 6.9% and 6.3% respectively.
Today there is a new out which says that Indian Govt is drafting a bill which says- all cryptocurrency holders in India will get jailed for 10 year.
I have done some research on this and found there is no such official confirmation by government or any official body.
I found a link which has RTI answers by RBI India.
I am not saying that these are absolutely correct or not correct but I personally feel all this is roumour and we should not worry about it.
I am not going to believe on anything related to this unless Finance ministry or any Govt notification comes out. So don't worry and even don't think to sell off your holdings because of this news.
I use https://www.coingecko.com/en website and app for all cryptocurrency related information. I would recommend you to visit this site once and they're are providing information in thorough and easy way. You can see all the information quickly it works so fast. @coingecko is also doing awesome work with STEEM and now they're the witness.
CoinGecko is a 360 degree cryptocurrency website that ranks digital currencies by trading volume, market capitalization, developer and community activity.
They're are also running giveaway program in their recent post and here is the Post
Thank you.
Have a great weekend.
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