Cryptocurrency bubble can burst at any moment (29.11.2017)

The bitcoin hit a fresh all-time high above $10,000. Analysts predicted that the cryptocurrency will reach the historic maximum a

little later.
However, it happened earlier than expected. Today the bitcoin is trading above $10,700. In the early trading session, it rose by

almost 10 percent. Experts are sure that the cryptocurrency will continue its rapid growth. Meanwhile, investors’ concerns that it

is just a bubble also are growing. The bubble can burst at any moment, and the consequences will affect not only the market of

virtual money.
Oddly enough, the Ethereum is not as popular as the bitcoin, but it also demonstrates the bullish trend. Today the second-biggest

cryptocurrency is trading at $471.40.
Meanwhile, the S&P500 closed the Tuesday session with a 1 percent advance to 2,627.04. The index went up after reports that the

Senate is to vote early on the tax reform.
Experts note that market participants are not ready to take their savings from the stock market to buy cryptocurrencies. Most

investors warn traders against such speculations.

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Cryptocurrency bubble can burst at any moment (29.11.2017)

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