It’s often difficult to keep up with the crypto news headlines, given that on any given day we see literally 100’s of news pieces published across the internet. However, it’s very easy to spot the trends as a result of this sheer volume. What you might have seen over the last week is very positive news coming out about Bitcoin Cash, XRP and TRON. So, when you ask what BCH, XRP and TRX have in common this week, we say – they have all broke the news with big headlines this week.
As you should know, crypto news has an impact on the markets (again, this is as a result of the sheer volume of news) therefore, when good news comes out, what we tend to see is the respective cryptocurrencies start to increase in price. This is because, when positive news surfaces, investors start to pump more money into the cryptos as a result of FOMO, fear of missing out. Everybody knows that good news encourages the price to climb so upon the release of positive news, a perfect buying opportunity tends to present itself.
Now, remember that even with all of this in mind, the markets are still very volatile and that even when a price climb begins, the markets are still at risk of falling. We can’t ever predict what will happen within the markets so therefore, always do your own research before choosing to invest.
Bitcoin Cash has flown this week, bringing in an awful lot of value and making a lot of investors a little more optimistic about the future of their investment. Now of course,