Bitcoin just crashed below $ 11,000 while it is preparing for a -40% correction. Analysts still optimistic in future trends and Zimbabwe users are already willing to pay up to $ 75,000 in order to go around a full government ban on foreign currencies. Litecoin is shining in investment returns and adoption. Considered a fair risk for investors. Goldman Sachs predicts global payments will be tokenized.
Cryptocurrencies & Markets
A full government ban on foreign currency in Zimbabwe triggers a massive premium for Bitcoin, which currently sells for up to $75,000.
Weiss Ratings ranks Litecoin (LTC) as "excellent" in regards to investment and adoption. The agency also ranked the investment risk factor as "fair," resulting in the B- rate in the risk to reward ratio. Litecoin, a cheaper alternative to Bitcoin (BTC), started at $4.30 and it has reached its highest point of $141.6 in late June of 2019.
Basic attention token (BAT) and BitTorrent token (BTT) stand out in price growth: + 5% & + 9% respectively in the past 24 hours.