Weekly update carrying a new BTC all-time high!!! - Coin Update

Weekly update carrying a new BTC all-time high!!!

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Weekly update carrying a new BTC all-time high!!!

We have a new ATH!

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Market Update Report Oct.31

This week, we have been rewarded with an additional wave of increases in Bitcoin's price and altcoins prices. The ongoing downtrend we have seen with the altcoins have stopped since October 24th, the coins have changed their trend and went up by dozens of percents until Bitcoin's price broke the $6000 price and stabilized the market.

Bitcoin Gold's fork brought a lot of attention and has set a new all-time high price for Bitcoin. As it seems, the upcoming fork in November (Segwit2X) will not be the last one. It is hard to tell what will be the upcoming forked coin's value and use.

BitPay announced today that it will support Bitcoin2X, a move which can affect the market in the near future. Will the upcoming fork receive support? Soon we will probably know, but as it seems, the affects of this fork will be different than the previous ones. Will businesses accept the current Bitcoin, or will they shift to using the new one (Segwit2X)?

Bitcoin Gold's test-net is supposed to be launched tomorrow, the real network is supposed to go live afterwards. Bitfinex exchange and some additional exchanges already offer trading "futures" of Bitcoin Gold, the coin is already traded around the price of $130.

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