Cryptocurrency Trading News: Bitcoin, Litecoin, Dogecoin Fall Marginally; Blackcoin Roars

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Cryptocurrency Trading News

ForexMinute.com – Last 24 hours have been quite satisfactory for Bitcoin and other digital currencies, as most of them recovered wonderfully from the last week’s traumatic fall. With April 15 – the much hyped PBOC deadline for Bitcoin exchanges’ accounts closure – passed peacefully, the digital currency graphs against other fiat currencies have been improving lately.

Here is the detailed report of the last 24 hours:

BTC/USD
After closing on around $476 on Tuesday, the BTC/USD chart moved comfortably uptrend in the following hours. Yesterday also brought some motivational news for the Bitcoin markets, as renowned venture capitalist Tim Draper said in an interview that he is whole-heartedly intrigued by technology such as Bitcoins. There were also some good news from China (which is hard to get in these times) regarding the opening of the country’s first Bitcoin ATM.

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Although these events had little impact on the BTC/USD price chart, but it remained smooth throughout yesterday and the pair closed at around $516. At the time of writing, the BTC/USD value declined to around $490, falling 3.96% since yesterday’s close.

Litecoin, Dogecoin, Peercoin Also Drops
The other altcoins duplicated Bitcoin price charts, as they too fell slightly since the start of today’s trading hours. The LTC/USD yesterday closed at around $13.3, after rising phenomenally from the previous day’s closing of around $11. Today, however is quite-quite for the pair, as it has decreased 4.65% and is currently trading around $12.5.

The Dogecoin community is readying itself for their upcoming Dogecoin SF party, and they have every reason to do so. The DOGE/USD pair yesterday closed at a two-week high at $0.0007. Although the following hours have been quite stumbling, but the pair is likely to remain stable for the rest of the day. Currently, it is trading at around $0.0006, falling 3.5% in the last 10 hours or so.

Blackcoin Makes its Presence Felt in Top Cryptocurrencies
The top gainer among all the cryptocurrencies is indeed Blackcoin, which has surged to 9th place in terms of market cap. The dark coin has also seen a massive 59% rise in its price against the US dollar, and is currently trading at around $0.13, with a huge volume over $2m.

The current market rate of Blackcoin though is still less than its week top in which the coin’s price surged to around $0.4. However, the incoming news from the Blackcoin community is revealing that the coin is integrating into CoinKite payment system. This will is likely to provide some brownies to this digital coin.

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To contact the reporter of this story: Yashu Gola at yashu@forexminute.com