Bitcoin Price Evens Out: Eth, Lumen, Neo Revving Up
Some of the biggest volume cryptocurrency trades today have positive change thanks to Bitcoin's current price levels. While Bitcoin was a bit more volatile over the past week, the last couple of days have seen the most popular crypto pair, BTC/USDT, even out somewhat. Whenever Bitcoin pumps, alts fall. Whenever Bitcoin tanks, alts fall. Whenever Bitcoin stays relatively even, alts pump.
Ethereum, Lumen, Ada, and NEO were some of the largest volume coins to have positive changes this morning in light of Bitcoin's horizontal movement. Ripple, on the other hand, saw a bit of a dip. Verge and Siacoin are currently in offramp situations, waiting for accumulation to complete before they start their journey back upward.
SEE TOO: Bitcoin news intensifies: South Korea good, India bad
PIVX is a bit of a conundrum, almost a mix-up appearing in the top volume coins this morning. It's not because the PIVX team did anything extraordinary, but because the coin was listed on a new exchange for the first time. You'll see the pump happen on 1/23, then the subsequent fall and dead cat bounce as well.
At the same time, we've got people out in the wild that still have Bitcoin that they acquired years ago, and might not remember that they have them. Quite a few Bitcoin might even be lost to the world forever – tossed on a hard drive and wiped clean from this earth. Have a peek at the following story to see how that might've been easy.
50 Cent (0.000046 BTC) posted on instagram about making millions of dollars in Bitcoin and forgetting about doing it https://t.co/fycFbwMaUZ pic.twitter.com/aD6VLj3zfS
— Neeraj K. Agrawal (@NeerajKA) January 23, 2018
Jeepers, C.Jackson is teaching the everlasting power of HODL (that's hodl, slang for holding on to coins while they appreciate in value) over long periods of time. I wonder if anyone remembers buying a 50 Cent album for Bitcoin, and wishes they'd just bought it with USD instead?
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