The price of bitcoin recovers after a sharp fall

Crypto currency buyers have returned after the bit coin price collapsed on Tuesday and Wednesday across the US $ 10,000 barrier during the afternoon. Now the profits begin to solidify in the Asian trade and the bit coin bounces almost 20% from the night’s minimum.

Bit coin is not a currency backed by a government.

Crypto currency buyers have returned after the bit coin price collapsed on Tuesday and Wednesday across the US $ 10,000 barrier during the afternoon. Now the profits begin to solidify in the Asian trade and the bit coin bounces almost 20% from the night’s minimum.

The purchase has been extended to the main crypto currencies after the massive sale that occurred in the last 48 hours, which caused sharp drops in all areas.

The sale was attributed to numerous factors, including a regulatory wave in Asia that resulted in lower trading volumes and a long-awaited market correction.

In general now the panic seems to have subsided. The prices of bit coin vary significantly between the different exchanges, but at moments it was above US $ 11,000 on the Bitfinex stock exchange located in the United States.

Among other crypto currencies, the Ripple XRP is the best valued having gained more than 30% today.

With a value of US $ 1.43, Ripple has now recovered its losses from the previous session, although it is still far from recent highs of more than US $ 2. Finally, investors in Dent coin, a crypto currency designed for the use of the dental industry that uses the ethereal chain, would be relieved as its value doubled today