{"id":23490,"date":"2022-07-21T03:30:03","date_gmt":"2022-07-21T03:30:03","guid":{"rendered":"https:\/\/egrowonline.com\/?p=23490"},"modified":"2022-07-21T03:30:03","modified_gmt":"2022-07-21T03:30:03","slug":"more-green-times-for-bitcoin-altcoin-prices","status":"publish","type":"post","link":"http:\/\/egrowonline.com\/?p=23490","title":{"rendered":"More green times for bitcoin, altcoin prices"},"content":{"rendered":"


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Bitcoin and altcoin prices enjoyed more green times on Tuesday. – Photo: Shutterstock<\/figcaption><\/figure>\n

Bitcoin and altcoin prices enjoyed more green times on Tuesday as the cryptocurrency<\/a> market continued to surge.<\/span><\/p>\n

The world\u2019s largest digital coin surpassed $23,000 (<\/span>\u00a3<\/span>19,165) as investors again took a contrarian approach to the crypto winter. (All figures based on CoinMarketCap data.) <\/span><\/span><\/p>\n

And, altcoins were well in the green again following concerns last week that the market was about to crater.<\/span><\/p>\n

BTC<\/a> to USD<\/span><\/strong><\/h2>\n

Bitcoin up 8%<\/span><\/strong><\/h2>\n

Bitcoin was up about 8% as conventional markets close in North America, again disproving Peter Schiff\u2019s recent claim that it is \u201cis dead<\/a>.\u201d Schiff, CEO and chief global strategist at Euro Pacific Capital and an outspoken economic commentator and bitcoin skeptic, had claimed that it was \u201cjust a modern example of the Greater Fool theory\u201d in a panel discussion hosted by Capital.com<\/a>.<\/span><\/p>\n

Investors and analysts have wondered aloud lately whether bitcoin was set to sink below $19,000 due to the impacts of rapidly rising inflation and other macroeconomic pressures. <\/span><\/p>\n

The $20,000 mark is viewed as a potential pivot point towards a large downswing.<\/span><\/p>\n

FTM<\/a> to USD<\/span><\/strong><\/h2>\n

Galaxy boss predicts big increase<\/span><\/strong><\/h2>\n

Galaxy Digital founder and CEO Mike Novogratz told Bloomberg on Tuesday that he expects bitcoin to get to $500,000 in the next few years.<\/span><\/p>\n

\u201cThis is a story about two things: It\u2019s about adoption and it\u2019s about global economics,\u201d he said. \u201cAnd while this is a bump in the road in adoption, it\u2019s certainly not a U-turn.\u201d<\/span><\/p>\n

Financial institutions in Europe, the US and Middle East who haven\u2019t gotten involved in crypto yet, will see the current conditions as a buying opportunity, he added.<\/span><\/p>\n

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What is your sentiment on BTC\/USD?<\/h2>\n
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Vote to see Traders sentiment!<\/span> <\/p>\n<\/p><\/div><\/div>\n

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Market sentiment:<\/h2>\n
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<\/span> <\/span> <\/p>\n
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You voted bullish.<\/b><\/p>\n

You voted bearish.<\/b><\/p>\n

Give BTC\/USD a try<\/span><\/p>\n<\/p><\/div><\/div>\n

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Start trading<\/p>\n

or<\/span> <\/p>\n

Try demo<\/p>\n<\/p><\/div><\/div><\/div>\n<\/div>\n

\u00a0<\/p>\n

Relative calm<\/span><\/strong><\/h2>\n

The market has enjoyed a second week of relative calm thus far after the financial troubles of Celsius Network<\/a>, Voyager Digital<\/a> and Three Arrows<\/a> contributed to a severe downturn. All three companies have failed for bankruptcy.<\/span><\/p>\n

The Celsius Network coin (CEL<\/a>) continues to trade \u2013 but was not among Tuesday\u2019s multitude of gainers. CEL fell about 4%.<\/span><\/p>\n

Read more<\/h2>\n<\/p><\/div>\n

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Bitcoin and altcoin prices enjoyed more green times on Tuesday. – Photo: Shutterstock Bitcoin and altcoin prices enjoyed more green times on Tuesday as the cryptocurrency market continued to surge. The world\u2019s largest digital coin surpassed $23,000 (\u00a319,165) as investors again took a contrarian approach to the crypto winter. (All figures based on CoinMarketCap data.) […]<\/p>\n","protected":false},"author":1,"featured_media":23491,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","enabled":false}}},"categories":[42],"tags":[349,50,4086,666,862],"class_list":["post-23490","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-altcoins","tag-altcoin","tag-bitcoin","tag-green","tag-prices","tag-times"],"jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"http:\/\/egrowonline.com\/wp-content\/uploads\/2022\/07\/Bitcoin-Image-July-19-22.jpg","_links":{"self":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts\/23490","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=23490"}],"version-history":[{"count":1,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts\/23490\/revisions"}],"predecessor-version":[{"id":23492,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts\/23490\/revisions\/23492"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/media\/23491"}],"wp:attachment":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=23490"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=23490"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=23490"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}