| Bitcoin (BTC) |  | It has a current market cap of over $71.99 billion, a circulating supply of 17.4 million, and has traded over $7.1 billion in volume during the past 24 hours according to CoinMarketCap.com.
BTC/USD is looking to break out of a pennant formation following the short consolidation over the last several days. The move recently in Bitcoin is dovetailing with gold and is diverging from the stock market. Over the past several years, gold has made a strong move going into the end of the year through the first month of the new year. A potential target is the 61.8% retracement at $5250 that coincides with the flagpole projection of the pennant. A potential stop could be placed below today's low.
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| | News To Know | | Bitcoin Hash Rate Follows Bitcoin and Gains Over 40% Within the Past Two Weeks
After two months of decline, analysts have noticed stability in Bitcoin hash-rates, even a slight increase, indicating that miners might be returning to the industry. The significant cost of electricity and mining equipment were previously too much for Bitcoin miners due to the low BTC value, which is why many of them decided to leave the industry, and hash rates dropped as a result.
'Some Cryptos Are Going to Die, Only the Strong Will Make It': Charlie Lee
The crypto market has always been an interesting space to keep up with, especially given that there's always some debate going on somewhere or controversial opinions getting dished out by influential characters. Besides that, the crypto community is always on toes to hear from the big-wigs, the real wheels behind some of the most revolutionary crypto and blockchain developments the world has seen. One of those people is the creator of Litecoin, Charlie Lee. According to Lee, some of the cryptocurrencies currently in circulation are about to fall out of the market – and he has his reasons.
Ethereum Soars As Lubin Calls "The Cryptobottom"
Ethereum is up 30% from Friday's 'close' (and Bitcoin back above $4000) after Joseph Lubin, co-founder of the cryptocurrency, declared that he is "calling the cryptobottom of 2018" in a tweet.
Ripple Surges 18% As Binance Uses XRP a Base Currency
Binance, the world's largest cryptocurrency exchange by traded value, has added Ripple's XRP as a base currency, meaning that all the other cryptocurrencies would be paired with it. Binance CEO, Changpeng Zhao a few hours ago sent out a tweet saying "We will be adding a couple trading pairs with XRP as the quote currency shortly."
Here's a list of cryptocurrency terms we coined in 2018
Technology is responsible for literally thousands of new words that have been added to our daily lexicon in the last decade. Words like selfie, TL:DR, bingeable, and Bitcoin have all been added to the Merriam-Webster dictionary this year.
| | Top Movers | | | Top 5 Gainers | | | 
| | Top 5 Losers | | | 
| | | Source: Coinmarketcap.com | | | |
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