Bitcoin is back above $4000 again as total crypto market cap reaches $141 Billion!

in cryptocurrency •  7 years ago 

Cryptocurrencies Market Overview - September 27, 2017

  • Bitcoin is trading nicely above $4000 US Dollar once again. Even at $4078 right now :-)
  • Steem is also showing a nice 8% surge to $1.17.
  • Another significant altcoin movement came from Ripple, who overtook Bitcoin Cash today as the 3rd largest cryptocurrency based on market capitalization.

24 Hour Change

7 Day Change

Month-to-Date Change

24 Hour Volume

Market Capitalization

Bitcoin 4 Hour Chart

First resistance at $4122, support at $3970.

Feel free to use and share my charts, but please mention me as the author.

Latest Crypto News - September 27, 2017

Bitcoin Price Surpasses $4,000 Again as Momentum Looks Promising

Cryptocurrency markets are constantly evolving and it turns out good things are happening to the Bitcoin price right now. More specifically, we have a Bitcoin price increase of 2.95% on our hands right now. This is an interesting development, although it was only a matter of time until Bitcoin would surpass $4,000 once again. Whether or not this is the sign of reaching a new all-time high before the end of the year, remains to be determined.
Read more: themerkle.com

Morgan Stanley CEO Rejects Dimon: "Bitcoin Is Certainly More Than A Fad"

Two weeks after JPMorgan CEO Jamie Dimon's now infamous "Bitcoin is a fraud" comments, Morgan Stanley CEO James Gorman told The Wall Street Journal today that Dimon is wrong and "Bitcoin is certainly more than a fad... the concept of an anonymous currency is an interesting concept."
Read more: zerohedge.com

First Cash, Now Gold? Another Bitcoin Hard Fork Is on the Way

Bitcoin, bitcoin cash, bitcoin gold? There could be as many as four cryptocurrencies bearing the bitcoin name if a small group of miners and developers carry out a planned fork of the blockchain this month.
Read more: coindesk.com

It's Political: Why China Hates Bitcoin and Loves the Blockchain

The crypto community is once again reeling from a Chinese crackdown and trying to read the tea leaves on Beijing's next move.
Read more: coindesk.com

Distinguished London Gold Dealer Accepts Bitcoin for Payment

The number of merchants accepting Bitcoin as a means of payment has steadily increased over the past year. The latest to accept Bitcoin is Sharps Pixley, a London gold dealer.
Read more: cointelegraph.com

Today in Bitcoin News (2017-09-27) - Price Primed? - Nobody can stop Bitcoin - Bitcoin Venezuela?


European Central Bank: Regulating Bitcoin "Not Within Our Powers"

The European Central Bank has no powers to regulate Bitcoin or prohibit digital currencies, said the central bank's president Mario Draghi.
Read more: cryptovest.com

Bitstamp Gives Users Bitcoin Cash But ‘Postpones’ Trading Indefinitely

Cryptocurrency exchange Bitstamp has credited users with Bitcoin Cash, while announcing it will postpone trading “until further notice.”
Read more: cointelegraph.com

Japan Considers Launching J-Coin, Eliminating Cash Before Tokyo 2020 Games

Banks in Japan are considering creating a digital currency, the J-Coin, intended to eliminate cash as a payment option. The news broke through an article indicating that the coin is being planned with the blessing of financial regulators for before the 2020 Olympic Games in Tokyo and is intended to streamline the financial system.
Read more: cointelegraph.com

Bahrain “Open to Bitcoin” and Blockchain

Bahrain is closely looking at digital currencies. According to Khalid Al Rumaihi, the chief executive of the Economic Development Board of Bahrain, the Bahrain’s finance ministry is keen on adopting digital currencies and had even suggested that Bahrain could issue “bonds on a digital currency.”
Read more: coinjournal.net

Forecaster Gerald Celente: Banks Are Afraid of Bitcoin

Trend forecaster and commentator Gerald Celente said in a new interview that he believes that banks are "afraid" of bitcoin.
Read more: coindesk.com

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Ether looks also promosing bebcause of Devcon3 with combination of the next hardfork this month :)

Bum ... let´s see what happens now

Yes, lets go for a new ATH before the 2x BUllshit starts

It's a green day all around. BTC is making it's push to $4200 and Steem has cracked a buck twenty. Some very positive news today with Morgan Stanley coming out in favor of BTC. Hope we see some momentum build and it catches some support.

I love your work @penguinpablo so much information and thank you for the steemnow page I use it everyday you are the man

:-)

And we're off again. To the moon we go!

to the moon.gif

The way you express your views is fantastic

Wow, I really love the way you provide the major bitcoin news. I am surely following you so I can get all the latest on bitcoin. Good work and God bless.

This post received a 2.11% upvote from @randowhale thanks to @penguinpablo! To learn more, check out @randowhale 101 - Everything You Need to Know!

Jamie Dimon eat your heart out! You can't stop innovation!

A little up and down lately, but just hang in there, I believe it will worth a lot more in the next years.

Yes, bitcoin is back up to prize, see see you nexts @pengiunpablo

Congratulations to bitcoin.

It may now stabilize above 3900 and create a platform to reach new level. Once 1st Nov uncertainty is stepped over it may reach 4600 to 5000.
Meanwhile amazon may play important role to boost it to new high levels. Hoping for the best. Fly BTC...

again we are heading towards the moon.

Bulls are back & how :)

time to hold for future

@penguinpablo, I am sure next world is cryptocurrency and now no one can stop it. Wonderful market overview about cryptocurrency you shared.thanks for update.

Bitcoin looks promising, if it breaks 4100 next important level is 4600. At this level the trend may be reversed

This post has been ranked within the top 80 most undervalued posts in the second half of Sep 27. We estimate that this post is undervalued by $19.71 as compared to a scenario in which every voter had an equal say.

See the full rankings and details in The Daily Tribune: Sep 27 - Part II. You can also read about some of our methodology, data analysis and technical details in our initial post.

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Loved this post, BTC above 4G yahoo onwards we go...
upvote & resteem

excellent & informative post. upvoted & Resteem and start following you @penguinpablo !

Great analysis. @fitinfun told me to follow you and I will certainly do that. I seen many of your contributions to the community including the steemnow ap you designed. I find myself using this all the time now. Wow you've really got it going on! It seems like everyone has their purpose and special talents regarding what they can contribute to the platform.

My purpose here is to help diversify out the community. Seems like we are quite top heavy on crypto and tech people. I just got a $65 smart phone this year in Mexico and have been living out of a backpack for over 10 years. I share my wealth of budget travel knowledge. I'm hoping to gain supporters to make my blogging worthwhile. I recently published a post about my first time withdrawing earnings from steemit in Laos in the form of Lao Kip!

I'm thoroughly impressed with your vision to get in early on steemit back in August of last year! I sincerely hope you check out my work here and see that I'm a valuable content creator worth supporting. Thank you! -Dan "World Travel Pro"