https:\/\/bundesland24.de\/dogecoin-und-andere-kryptowaehrungen-warum-investoren-doge-waehlen\/<\/a> has reached an unexpected five-month high after many months of stagnation in the digital coin market. In addition, ethereum and litecoin also saw their value rise considerably.<\/p>\nWhat has caused the cryptocurrency surge?<\/h2>\n<\/p>\n
Analysts have concluded that the rise in the price of a unit of a bitcoin (which increased by 17% in just 30 minutes on 2nd April, leading to an average valuation of 5,000 dollars) is due to the acquisition by a trader, whose identity remains unknown. As a result of this mystery buyer, the trading price broke the 5,000 dollar barrier for the very first time since November last year.<\/p>\n
What has been the impact of Bitcoin’s rise?<\/h2>\n<\/p>\n
As previously mentioned, one effect of the unexpected surge in the price of a unit of bitcoin has been that it has had a considerable impact on other smaller cryptocurrencies, leading them to rise too. For example, with more people looking to buy Ethereum, it is expected that the price will rise here too.<\/p>\n
<\/p>\n
The huge jump in the price of a unit of bitcoin has had a knock-on effect on other cryptocurrencies too.<\/p>\n
For example, the price of Ethereum (which gained 5.7% in trading on 2nd April too), Litecoin, Stellar, Ripple and Bitcoin Cash, as well as all other major cryptocurrencies, saw a jump in their prices too, as a result of Bitcoins rise. You can buy cryptocurrencies in the UK, including Ripple, relatively easily via an exchange.<\/p>\n
What is going to happen next?<\/h2>\n<\/p>\n
Among crypto investors, this spike in valuation across all cryptocurrencies has sparked a huge amount of excitement. It is hoped that the dramatic rise will herald a strong return for Bitcoin in the next coming months, after months of stagnation and seemingly, a lack of direction for the cryptocurrency. Nevertheless, the world of cryptocurrency is known for its sudden swings and surges, and whilst investors hope that this rise will signal a stable return and therefore steady gains for investors, there is still some element of doubt about the implications for the wider crypto sector.<\/p>\n","protected":false},"excerpt":{"rendered":"
Cryptocurrencies bitcoin, ethereum and litecoin highest rise in over a year This week has seen the most popular cryptocurrency, Bitcoin experience its largest one-day increase in the currency’s value since April 2018. The cryptocurrency https:\/\/bundesland24.de\/dogecoin-und-andere-kryptowaehrungen-warum-investoren-doge-waehlen\/ has reached an unexpected five-month high after many months of stagnation in the digital coin market. In addition, ethereum and litecoin […]<\/p>\n","protected":false},"author":180207,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_uag_custom_page_level_css":"","_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""}},"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[94],"tags":[95],"aioseo_notices":[],"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"","uagb_featured_image_src":{"full":false,"thumbnail":false,"medium":false,"medium_large":false,"large":false,"1536x1536":false,"2048x2048":false,"woocommerce_thumbnail":false,"woocommerce_single":false,"woocommerce_gallery_thumbnail":false,"dgwt-wcas-product-suggestion":false},"uagb_author_info":{"display_name":"johnniekim","author_link":"https:\/\/jugosterapia.com\/author\/johnniekim\/"},"uagb_comment_info":0,"uagb_excerpt":"Cryptocurrencies bitcoin, ethereum and litecoin highest rise in over a year This week has seen the most popular cryptocurrency, Bitcoin experience its largest one-day increase in the currency’s value since April 2018. The cryptocurrency https:\/\/bundesland24.de\/dogecoin-und-andere-kryptowaehrungen-warum-investoren-doge-waehlen\/ has reached an unexpected five-month high after many months of stagnation in the digital coin market. In addition, ethereum and litecoin…","_links":{"self":[{"href":"https:\/\/jugosterapia.com\/wp-json\/wp\/v2\/posts\/53514"}],"collection":[{"href":"https:\/\/jugosterapia.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/jugosterapia.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/jugosterapia.com\/wp-json\/wp\/v2\/users\/180207"}],"replies":[{"embeddable":true,"href":"https:\/\/jugosterapia.com\/wp-json\/wp\/v2\/comments?post=53514"}],"version-history":[{"count":1,"href":"https:\/\/jugosterapia.com\/wp-json\/wp\/v2\/posts\/53514\/revisions"}],"predecessor-version":[{"id":53515,"href":"https:\/\/jugosterapia.com\/wp-json\/wp\/v2\/posts\/53514\/revisions\/53515"}],"wp:attachment":[{"href":"https:\/\/jugosterapia.com\/wp-json\/wp\/v2\/media?parent=53514"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/jugosterapia.com\/wp-json\/wp\/v2\/categories?post=53514"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/jugosterapia.com\/wp-json\/wp\/v2\/tags?post=53514"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}